vlad.adrian
Long

Global Water Powershares - Green green trade

AMEX:PIO   POWERSHARES GLOBAL WATER PORTFOLIO
53 1 3
The weekly chart is definitely bullish , although there is no pattern per se
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On the daily chart , price returned to value, and what a rejection! A long day candle, which turned the impulse green and pushed the FI             inside the channel, after a small histogram bearish divergence called for a slight correction. I am long from 23.54, after paying a huge spread on this ETF , with a stop below this swing low, looking for at least 25. Once we get there, I will consider keeping or closing my position
Stopped out on 08.12.2014
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