Quick analysis of the Direxion Financial Bull 3X Shares (FAS) ;1) If you have a "heart" problem, avoid this ETN :) , very volatile
2) Moving average you see is the simple 50 days
3) Gap down on increased volume should send it a little lower (hope so)
I plan to buy FAS on an extreme oversold, going to enter step by step
1 comments:
Do you really think we will have an extreme oversold before this thursday ? What's your entry price on FAS ? I don't want to miss the train this time on M2M thursday, remember 2 weeks ago when I was telling to buy FAS, this can happen again...
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