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Will_Wong
Mar 10, 2015 7:44 PM

FAZ Short Term Long Long

Direxion Financial Bear 3X SharesArca

Description

With the SM in retreat, maybe for a few more days, FAZ has broken out of the descending wedge trend line. How far will it climb? There are a few potential resistance lines drawn. With the Apr 17 FAZ $13 calls, it does have the potential to get ITM real quick and potentially hit $15.
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