Comments on: CL 1st Price Target Hit, NQ Testing Support https://rightsideofthechart.com/cl-1st-price-target-hit-nq-testing-support/ Stock Trading, Investing & Market Analysis Tue, 20 Apr 2021 16:49:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/cl-1st-price-target-hit-nq-testing-support/#comment-21912 Tue, 20 Apr 2021 16:49:43 +0000 https://rightsideofthechart.com/?p=204175#comment-21912 In reply to Foreverlearning.

I can’t make a case for a bottom in XBI yet. It has good support coming up around 122.43 & I’d be surprised if it didn’t fall to that level before the first decent bounce. Unless the broad market happens to be in correction mode at the time XBI gets there (if & when), I’d favor a bounce off that level, possibly the end of the correction but if 122.43 goes with conviction, the next support/potential target on XBI is 108.

]]> By: 1111GhettoSpread1111 https://rightsideofthechart.com/cl-1st-price-target-hit-nq-testing-support/#comment-21911 Tue, 20 Apr 2021 15:16:41 +0000 https://rightsideofthechart.com/?p=204175#comment-21911 LETTTSS GOOOOO!!

]]> By: Foreverlearning https://rightsideofthechart.com/cl-1st-price-target-hit-nq-testing-support/#comment-21910 Tue, 20 Apr 2021 15:15:50 +0000 https://rightsideofthechart.com/?p=204175#comment-21910 @rsotc what is your take on Xbi
Was it a false breakout with more downside to cone or are we hammering oit a bottom near 125

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