Marius Johnsrud
Long

Make or break for Ireland

AMEX:EIRL   ISHARES TRUST MSCI IRELAND ETF
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Looks pretty bullish to me. support is holding with a bullish RSI divergence (remember that if support is tested three times without breaking, its pretty bullish ... but if it then breaks, a larger fall usually follows).

The trend is up, with an up sloping 200 day moving average. its also at the moving average, which can spike a larger move to the upside.

wait for a break out with strong separation above the 37 area.

trgts: 1st @ highs, 2nd maybe at the 100% fib extension
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