I am highlighting this Healthcare ETF again because it should be of interest to many of us and I believe this ETF will do well for the next 2 years.....more and more of our members are keen to map out the next 2 years and build their portfolio around strong stocks or ETFs and I really want to encourage this strategy, it really helps to narrow the thinking and focus on long term.
We are getting signs of a pull back now from $112 to $107 and I would still like to see this pull back further to the 200 Day MA in between the 0.38 Fib and 0.5 Fib, between $98 - $94. A hold here is the sweet spot for me and I will be starting a position here.
The Wave 2 hold was perfect for me at the end of November.
Disclaimer: it is 3 X leveraged.