BZQ looking interesting as it seems forming a fallen angel pattern. It crossed above EMA lines with high volume. We think it will go up now & our first target is 20.50 area.
You can check our detailed analysis on BZQ in the trading room/ Executive summary link here-
Time Span: 35"
Trade Status: Pending
Sell Brazil el ritmo caliente, Bullish setup for BZQ ETF
ProShares UltraShort MSCI Brazil Capped BZQ seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index®.
Volumes great as never. Initial targeted tp 28+