Looking through the old charts, here is another one hitting target. Nearly a year ago we had an NFTRH+ update on XLB showing a pullback buying opp. in the 51s. The rest as they say, is history. I currently hold one specialty materials company (CBT) and recently sold another (MTRN) for paper and realized profits, respectively. Before that I somehow managed to take a small loss on MON when it didn’t do what I wanted it to do when I wanted it to do it. :-(
This is an aspect of the NFTRH service that can be helpful (do check out the link above) when the markets are right. At this time I am not vigorously suggesting new ideas due to the overall market’s risk profile. Indeed, the most recent highlight was a look-ahead to a short setup in one interest rate sensitive sector, which is actually developing to plan.
Anyway, XLB is another at a measure target. Not a stop sign, but a target projected well ahead of time.
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