Tag Archives: Facebook (FB) Clears 50-Day MA

Consumer Staples Select Spiders (XLP) Worth a Look

Consumer Staples Select Spiders (XLP, $64.85, up $0.55) XLP September 65 calls (XLP200918C00065000, $0.80, up $0.15) Entry Price: $0.70 (8/17/2020) Exit Target: $1.40 Return: 14% Stop Target: None Action: Lower resistance at $64.50-$65 was recovered with shares closing on the session high of $64.85. Support remains at $64-$63.50.