US Energy ETF(IYE)

The price has approached a point to close the gap and is likely to hit the resistance level at $50.30, potentially moving sideways until the November US General Election. My position is that if Trump wins, we could see significant growth in Energy stocks and ETFs, potentially breaking the $50.30 resistance. My advice is to start investing in IYE today, compounding $500 a month for the next 10 years or so. You will likely not regret it. This analysis goes the same to “FENY”

Good Luck and Happy Investing
Chart PatternschevronenergyetfenergystockexxonmobileFENYTechnical IndicatorsIYETrend Analysis

Also on:

Disclaimer