Comments on: XLE Energy Sector Challenging Key Resistance https://rightsideofthechart.com/xle-energy-sector-challenging-key-resistance/ Stock Trading, Investing & Market Analysis Fri, 07 Apr 2017 14:51:41 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/xle-energy-sector-challenging-key-resistance/#comment-3381 Fri, 07 Apr 2017 14:51:41 +0000 http://rightsideofthechart.com/?p=181745#comment-3381 In reply to stock51.

G-luck. I might be interested on going long XLE if it takes out 71.65 with conviction, confirmed with a bullish cross of the PPO signal line but until then, resistance is resistance unless taken out.
If I were to rank those 3 resistance levels in order of significance, I would put the 71.65ish level highest, then the downtrend line followed by that purple uptrend line as a distant third.

]]> By: jameske https://rightsideofthechart.com/xle-energy-sector-challenging-key-resistance/#comment-3380 Fri, 07 Apr 2017 14:40:19 +0000 http://rightsideofthechart.com/?p=181745#comment-3380 @rsotc Hi Randy, so if XLE fails to break out, will that have any effect on long entries into the solar sector?

]]> By: stock51 https://rightsideofthechart.com/xle-energy-sector-challenging-key-resistance/#comment-3379 Fri, 07 Apr 2017 14:33:36 +0000 http://rightsideofthechart.com/?p=181745#comment-3379 I am long XLE

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