here's how PTL is approaching the retail sector - PRECISION TRADING LABS
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here’s how PTL is approaching the retail sector

December 20, 2021

$XRT, $BBBY, $M (Macy’s), $CAKE, $W (Wayfair)
Retail was decimated by Coven-19. They have been active & action stocks both up and down. Mitch went with a little top down analysis, using the segment ETF for guidance with intermediate & higher Time Frame charts. The blue chart is the segment ETF, & there are a few symbols orbiting that “rhyme”, i.e., have similar levels at similar points in time. The high-probability play is to wait for the ETF to reach its level and then either act on that or play another symbol that’s moving similarly.

The charts below are the setups we have waiting for entry.

After all, a tool is only as good as your ability to use it.

I have handed you some valuable information
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