Sunday, September 24, 2023

Uranium Stock Charts Video and More

I talk about several high RSI uranium stocks and sector ETF's like XHB and KRE among other stocks in this video. Uranium Stock Charts Video and others

Wednesday, September 13, 2023

XHB Homebuilder ETF Chart Analysis: Bearish Signals

I've been watching the rounding top forming on XHB the Homebuilders ETF for awhile now. It has signaled bearish again on a major level failure and trend support breakdown. It is a triangle that just broke down. You can see the top formation and major levels crashed through. I am bearish on the price and expect it to test $77 next and likely lower. Here is the long-term chart where you can see the long-term uptrend support it can fall back to.

Here is a 3 month chart analysis that shows the trend breakdown clearly and major level rejection.