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JoeHayes

TNA Support Bounce with AAV and Pin Bar

Long
Direxion Small Cap Bull 3X Shares (AMEX:TNA)  
JoeHayes  
AMEX:TNA   Direxion Small Cap Bull 3X Shares
support Bullish Patterns ETF Momentum Indicator (MOM) Volume Indicator
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support bullish etf momentum volume
Pin bar bounce at support came Thursday with above average volume along with major momentum divergence; also, Friday brought a price close above Thursday's high price. Look for price to hold above Thursday's low of 60.54 and retest the highs from last Monday around 70.50 which also coincides with the first noticeable resistance/support level.

Entry: 64.16 Limit
Stop Loss: 60.49
Profit Target: 70.40
R/R: 1:1.7
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