TLT is hitting a yearly resistance level. RSI is coming out of an overbought area, MACD is offering a weaking trend, and Stochastics are dropping from the dreaded 80 level.
I am still Long TLT but this is a quick chance to short or buy puts to protect your position.
First Target: 21 EMA (129)
Second Target: 50 SMA (125)
Check out more @ www.enhancingcapital.com
I am still Long TLT but this is a quick chance to short or buy puts to protect your position.
First Target: 21 EMA (129)
Second Target: 50 SMA (125)
Check out more @ www.enhancingcapital.com