$IWM - 2 check points

AMEX:IWM1D

iShares Russell 2000 ETFArca

Description

⋅ Apr 27, 2020 6:29 PM

No For a suggestion

Trend Analysis

Comments

XhotJT99

⋅ Apr 28, 2020 1:17 PM

are you saying it's going up to 133 and long or hitting the ceiling at 38% fibonaci and short it?

Samuel12_1980

⋅ Apr 28, 2020 1:27 PM

@XhotJT99,

Yesterday the price tested MA50 and successfully broke out the fibo 38% line.
The area is now between 124~ and 133...
I cannot suggest short or Long. just showing the area of current resistance and support, final decision is yours.