Replies to post #1692 on Direxion Daily Financial Bull 3X Shares (FAS)

[ospreyeye]

FAZ / FAS Charts: Nice 5 Day run for FAZ........hitting Middle Bollinger Band resistance.........Hanging Man Candlestick pattern formed on Friday........a Hammer formed after a 5 day run signals a temporary top.........the Ukraine conflict put pressure on the Financial Sector.......the general consensus is the conflict has already been priced in.........Looking for FAS to make a Bullish move next week & bounce off MA(20)/Middle Bollinger Band support.......MA(50) is just below............if FAZ forms candles above the Middle BB it will signal the start of a bearish uptrend and more downside risk for the Financial Sector...........$$$