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TradingMula
Oct 13, 2016 7:15 AM

5 Years Without Growth Short

iShares China Large-Cap ETFArca

Description

How hyper inflated China must be....
Comments
psulion08
I think it could go down too. 39.12 as SL and if it breaks a little lower then we see lower. T1=36.70 and T3=35 and if we get a full fall we see between 32.50 and 33.50. We should know what is going to happen for sure by the end of the year
TradingMula
I guess ignored $37 area providing support as seen with price above all 3 moving averages. Leaning bullish as long as that level is supported
psulion08
I may short this if it gets close to $39 as it seems to be a good resistance with a tight stop lose
TradingMula
@psulion08, right again
psulion08
@youngmula, we were both right on this one. Nice job too!
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