FAS the triple long banks ETN is looking good! It will run into 1st. resistance at $6.50 or the monthly P @6.78. Stochastics will be overbot tomorrow as seen in the lower chart. FAS has an open gap at $8.00. ....thats my target! Use the 20 day moving average (yellow line) at $4.53 as a stop.Tuesday, March 17, 2009
FAS - banks 3x ETN
FAS the triple long banks ETN is looking good! It will run into 1st. resistance at $6.50 or the monthly P @6.78. Stochastics will be overbot tomorrow as seen in the lower chart. FAS has an open gap at $8.00. ....thats my target! Use the 20 day moving average (yellow line) at $4.53 as a stop.
