Market Watch: $BBY Builds, $WULF Fades, $XLF Holds
Markets continue to rotate beneath the surface, and not every stock is sending the same message.
Some charts are quietly building bullish structures, others are reminding traders why discipline matters more than headlines.
Here are three setups worth watching right now.
1. $Best Buy(BBY)$
Forming a new ascending triangle that could present an opportunity to average into a position, while relative strength continues to hold up well.
2. $TeraWulf Inc.(WULF)$
Even with news of a reported $19B Anthropic deal for a company with a $10B market cap, price action still says the same thing: stay out during the first 30 minutes.
$WULF ended up in day low close.
News can drive excitement, but disciplined execution should always come first.
3. $Financial Select Sector SPDR Fund(XLF)$
Update after one month - following a simple 10-MA sell rule, T+19.
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