Starting shorting march 8th see stoch rolling over. See candle stayed short following the daily stoch took some off re-shorted on and on following stoch and vol. Today I added back some shares why daily starting roll over look candle look vol. Been doing good with it. I believe we go lower
TNA has some serious room to move. Even if you are bearish on the Russell, we could see a move to $80 in TNA and still maintain a bearish thesis. I illustrate how I think TNA could move up from here. Comment and let me know what you think
TNA finally broke out of the downward channel, but is now retesting that as support. A pretty good risk reward spot here as it has the EMAs as additional support Looking for a red to green open.
An inverse Head & Shoulder pattern is developing on the small caps indices. If this plays out an epic rally in the market will ensue.
- XBI IWM ARKK FXI these sectors may play lagger bull catch up soon if market continues to run - PYPL BABA and other growth stock names may as well.
Nice money flow into smalls today. But that chart is still bearish. Look out above the 200d. www.investors.com
Very simple strategy that shows buy and sell zones for TNA based on 1W RSI values.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 39/61.80%
Direxion Daily Small Cap Bull 3x Shares forms bullish "Double Bottom" chart pattern "Double Bottom" chart pattern formed on Direxion Daily Small Cap Bull 3x Shares (TNA:NYSE). This bullish signal indicates that the stock price may rise from the close of $43.19 to the range of $54.00 - $57.00. The pattern formed over 102 days which is roughly the period of time...
And 3 times the losses ofc lol But I believe small cos will outperform fuelled by short squeezes I’m already long TQQQ but I believe this is a better play from here Send it GRI 2023 NOT TARDING ADVICE Chart Log Linear fibs Breakout IHS Bull div
I think small caps will outperform and be squeezed I think this can get to that old high But otherwise I’ll be targeting the 50% level Send it NOT TARDING ADVICE
Small cap bull. One to at h if you like small caps. Seems to be making a nice base. 4 hour open and close above 58 next key resiatnce 64-66 area. Would confirm falling channel breakout. Key support 50$ could be small descending trinagle as well with target of 74$
TNA recently did a bullish RSI cross, first targets are 65.96-70.17 local/trend resistance areas, if it can break above those then final target would be 89.07. like and follow for more! <❸
To my friends, TNA would be a nice dip buy between 57-58$ (let's say 57.92 and see how well this will plays out) stop loss would be at 56.50. TP1 68.38 final TP 73.32 or u can wait on confirmation of the 61.43 alert and set a stop limit buy order at 61.5 stop loss 61 same take profit whatever the entries I charted IWM and it gave me about the same relative...
Going UP very quickly in the next few days.. Possibly the target price is $62.50.
Lots of market breadth was eroded this year, with most small and micro-cap investors becoming frustrated by shameless levels of naked shorting across a lot of sectors, such is the frustration always felt in a wave-four correction. This may be a leveraged ETF but the structure here is undeniable. Our last chance at the big time! With the S&P (ES1!) driven to...
TNA is approaching a hard support level - the support level has been tested a total of 5 times throughout the year and has always bounced back. In addition, the upcoming January effect could be positively impactful for small cap index.
Currently long, riding the green line up to the upper resistance line. Cover and go short when price crosses below the lower ATR band or green line turns red. Not financial advice.