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j0turne
23 de Set de 2014 01:28

IWM Short - Buy TZA Viés de baixa

iShares Russell 2000 ETFArca

Descrição

In life we usually follow the path of least resistance. The path for IWM is down and has been following that for a while now. The question is do we bounce to new highs or continue lower? Looking at the charts lower seems to be the path. I would buy TZA to achieve a better return but keep an extremely tight stop as the market likes to do the opposite of what I think.I bought TZA today at 15.86 which should provide a good return by end of the week. Price target is $17 for first sell then trailing stop to protect profits. Stop loss is 15.70
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