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rising trend channel

24 Nov 2017

XLV – Bull Put Spread With Decent Odds

by hedgopia | posted in: Derivatives, Equities, Technicals | 0

XLV ($81.58) peaked at $84.31 on October 23, with the month producing a monthly reversal candle.  Monthly indicators are way overbought.  Longer-term, there is plenty of room for downside pressure. Medium- to near-term, things are a little different. After that … Continued

bull put spread, bullish MACD crossover, debit call spread, rising trend channel, short put, XLV

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