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j0turne

Long TZA

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Direxion Small Cap Bear 3X Shares (AMEX:TZA)  
j0turne  
AMEX:TZA   Direxion Small Cap Bear 3X Shares
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I'm taking a position on TZA at 16.55 anticipating it will break the 16.75 Resistance line and move to 17.80 which is next level of Resistance. Keeping a tight .25 stop loss. Risk is .25 / 1.50% vs. Reward 1.20 / 7.25% (Ratio 4.8)
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