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AlgoTradeAlert

$IWM beginning of an uptrend

Long
iShares Russell 2000 ETF (AMEX:IWM)  
AlgoTradeAlert  
AMEX:IWM   iShares Russell 2000 ETF
Parallel Channel Double Top or Bottom IWM russel2000
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parallelchannel doubletoporbottom iwm russel2000
IWM beginning of an uptrend. #russel2000 Closed above the horizontal line and above the 20 and 50 weekly moving averages. Now it needs bullish consolidation and a retest of the horizontal line before it can break through the 200 weekly moving average.
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