Skf

P

Peloro

Please, look at SKF. I think that it has reached a solid support in $110 and may be it will rise to 130 in a first stage. This ETF has a high volatility and when trading it in the right sense, it give very high profits
I would like to hear your opinions
Regards from Argentina
Peloro
 
Hasta la Maradona! SKF may be hitting support. The weaker financials may be hitting resistance and could be due for another plunge this month or next, a traditionally bearish time of the year for the market. :cool:
 
while all the above posts are true, the skf seems to be in the process of losing it's upside punch...if the market rebounds anywhere in this zone, the skf may be poised to make news lows for it's move, in fairly rapid fashion.

In other words, possible limited upside, (relative to its prior action), and possible greater downside. Feels skewed to the downside, heavy, almost.

Possibly money is being sought, and raised, from any quarter.
 
skf might still have some upside but the easy money shorting financial INDEXES has been made. we should be focusing on individual namels probably
 
I just bought this at 106.90 afterhours... Financials just exploded on this FNM/FRE news?? This is bizarre for a Friday after the close.

Seems to good to be true to be filled here... We'll see on Monday.
 
Bought more as well. Still own my UYG as well.

In at $107.50

Cost average around 116-117

Had great profits this morning when it was trading at $122 but didn't take them.


:mad:
 
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