IYR performing well. Stochastics are low and still close to the 50 DMA, so might go a little sideways, but that's not a reason to get out yet. Also notice the Bollinger Bands are blossoming out. In my experience, that's an indication of further movement in the same direction. We're also forming a doji sandwich, which also indicates further movement in the same direction.
Sticking with it for now.
No comments:
Post a Comment