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rlim

$BRZU consolidating between 6.84 and 8

Short
Direxion Daily Brazil Bull 2X Shares (AMEX:BRZU)  
rlim  
AMEX:BRZU   Direxion Daily Brazil Bull 2X Shares
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$BRZU down on increasing volume, but held the 6.84 support and below 10-day and 20-day MAs.
50-day MA will act as a resistance on the top.
Trading in a range w/ a false breakout on Feb 11.

Lots of reasons why it won't break up. I am betting the BRZU will break down.

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