Direxion Daily CSI China Internet Index Bull 2x Shares
Обновлено

CWEB starting to look better with this wedge breakout

214
I'd like to see a retest of the wedge for a safer entry or a consolidation for a few days above the green line around $12.35
The daily RSI has also broke resistance which is typically bullish.

Lately CWEB has been sold off after going above the 34 EMA, it has to stay above that to gain confidence in a long-term uptrend.
Заметка
Today might have been the retest, but it still didn't go as low as I was targeting so I'm still waiting for now.
Сделка активна
I like the bounce on CWEB here right in the area where I wanted to see a retest of the breakout so I have entered a position.

снимок
Сделка закрыта: достигнута тейк-профит цена
Closed this trade as it is hitting resistance and slowing down. I will want to buy it back again after a pullback.

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