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Sir_William_Wallace

Long IWM on breakout of ascending triangle

Long
iShares Russell 2000 ETF (AMEX:IWM)  
Sir_William_Wallace  
AMEX:IWM   iShares Russell 2000 ETF
Chart Patterns Triangle
0
0
chartpattern triangle
IWM has bullish consolidation at the ATHs where it's been for some time, allowing the daily 200ma to catch up. It's had a number of attempts that have broken down but continues to make higher lows. Looking for a break over this area and current ATH to confirm breakout.
SPY Options Traders - www.spyoptionstraders.com
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