Get XLK to gain exposure to top Tech companies in USA
Updated
A good and inexpensive way to gain exposure to an industry sector is to buy an ETF instead of the individual companies. For example, I have missed buying Microsoft, Visa, etc so I can buy XLK ETF which gives me access to other companies as well. See here for the full list.
We can see from the Day chart that there are gaps on the upside and the downside awaiting to be filled up. So long as the bullish trend line remain intact and price action continues to heads up, then we can infer the gaps (in blue) will be filled up. Alternatively, if the price action breaks down from the trend line, then we can expect gaps (yellow) to be filled up.
I see some resistance at 89.39. This level needs to be break out before we see a price continuation pattern.
We can see from the Day chart that there are gaps on the upside and the downside awaiting to be filled up. So long as the bullish trend line remain intact and price action continues to heads up, then we can infer the gaps (in blue) will be filled up. Alternatively, if the price action breaks down from the trend line, then we can expect gaps (yellow) to be filled up.
I see some resistance at 89.39. This level needs to be break out before we see a price continuation pattern.
Note
1st gap is filled.Note
current price and candles stick tell us buyers are exhausted pushing up the price. expecting a correction next week.Note
praise lord, so far it is moving according to planNote
Praise the Lord and congrats to those who longed this. Both gaps are now filled up .Note
Praise the Lord . Congrats to those who followed
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