Diamond bottom breakout in XHB

٣ ديسمبر ٢٠٢٢

Diamond bottoms are a strong indicator. I believe there is a high probability of the breakout from this diamond will lead to its target around $76. As it gets closer, I think trailing stop losses on stocks would be a good strategy considering inflation continuing and monetary policy temporarily easing. More tightening will likely be necessary as a result of inflation continuing to be a problem.