Friday, July 29, 2011

TZA






Kagi remains bullish for TZA. 3LB has been bullish for TZA since 7/27. TZA also had a Double Top Breakout on 7/27 with a target of 52. TZA is trading inside the ichi cloud. MACD, MAs and Elder bars are bullish for the ETF. TZA broke out of consolidation on the equivolume chart and is now trading above the 30 week (138 day) MA. Target is around 46.

No comments:

Post a Comment