Assuming that we are going into recovery period of the business cycle, it will be good idea to have 2-3 companies in apparel/footwear industry in your portfolio which already showed relative strength against other industries last week. Target soft, SL below trend line.
AstrasZeneca deal or possible approvals of its Covid-19 drug Remdesivir may trigger the sharp increase to the upper bound of the daily trend.
SL below daily trend level.
Based on US leading indicators, Food&Bevarage Sector remains strong. You can watch this break-out. Already have long position with soft target. Find your own SL depending on your entry level.
