Replies to post #43 on Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)

[THREE-DAY-TRADER]

Best rule of thumb to apply in current times with BRZU and other emerging markets is wait for the peak sell off moments; hence the 'very oversold metrics'... always what i point out here.
My view is wait for the the RSI drop every few weeks and don't be so eager to buy it, but rather be a a buyer that is hard to please & thus only take the opportunities when stock getting killed.

[THREE-DAY-TRADER]

A nice very oversold opportunity developing now, just as I was describing last Dec 4th, for example to look for. At 9's now, but would not surprise me to see 8's yet.

[THREE-DAY-TRADER]

I've been very tempted the last 1-2 days to enter BRZU (& RUSL). BRZU finally ringing the bell for me today for being oversold enough for me to consider it.