cerealtrades

utilities showing RHS (UTSL)

Long
cerealtrades Updated   
AMEX:UTSL   Direxion Daily Utilities Bull 3X Shares
reverse head and shoulders may prove defensive sector stocks may be putting in a bottom. these may do well over the weekend as pros, sm, mm, tutues, and some retail may look to these to provide value when rotation is taking money out of growth.
target 33.33 and 33.97
stop loss 32.89 as this would mean a probable touch of bottom anchored vwap band after a break of the mean.
Trade closed manually:
just not gonna argue with anyone for two lousy pennies.
do you? do you smell pennies?
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