act better. You're seeing Apple at new highs. So, I'm seeing a lot of good things in technology," Gordon said.
"It seems to be that if earnings are strong, we should be able to continue higher," he said, noting that the XLK's floor of support comes in around the $77 to $78 level, just above its 200-day moving average, the white line on the chart below. Climbing to $88 would mean new all-time highs for the XLK, and a nearly 8% rise from its Wednesday morning levels. The fund's current record high is $82.78, reached on July 24, 2019.
TradingNation We are still in a bull market as long as the banks won’t pay savers.
TradingNation We shall see. Should be an interesting wnd of year
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