CosmicDust

IWM weekly - when to buy? - 10/2/2015

AMEX:IWM   ISHARES RUSSELL 2000 ETF
IWM
24 3 1
iwm
I am watching the 4 red lines, if all get broken out to the up side, plus a positive MACD , I will be a buyer.
120 seems about right to me for major resistance..... assuming it keep ploughing forward.
snapshot
+1 Reply
Assuming you get triggered long, what would your target be? Test of highs? New highs? Test of resistance?
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CosmicDust Justiceisfalse
I am thinking $120, or 40 week moving average. Retesting all time high is possible, but we will talk about that if it can reach $120, or go above 40 week moving average.
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