(XLI) Investment Analysis

Longer Term Trading Plans for XLI

  • Buy XLI near 138.87 target 146.69 stop loss @ 138.47 Details
  • The technical summary data tells us to buy XLI near 138.87 with an upside target of 146.69. This data also tells us to set a stop loss @ 138.47 to protect against excessive loss in case the stock begins to move against the trade. 138.87 is the first level of support below 142.37 , and by rule, any test of support is a buy signal. In this case, support 138.87 is being tested, a buy signal would exist.

  • Short XLI slightly under 146.69, target 138.87, stop loss @ 147.11 Details
  • The technical…

Source link