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Direxion Daily Small Cap Bear 3X ETF Message Board

  • thetechtraderca thetechtraderca Apr 4, 2013 8:02 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on TZA at TheTechTrader site noting: Direxion Daily Small Cap Bear 3X Shares (TZA) has moved up in the last few sessions, and on Wednesday, it was up 1.98 to 40.88, or 5%, on 15 million shares. That’s the biggest volume for this stock in a long time, if ever. It has been in a major down-channel, formed a falling wedge that appears to have been broken on Wednesday, but more importantly, it got up to the 50-day moving averages and backed off. If it gets through Wednesday’s high at 41.13, it could head up toward the 44-45 zone.

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