EWCZ to $9.45 (FUZZ BE GONE!)

Updated
Price at bottom channel
Stochastic Momentum Index (SMI) at oversold level
TTM Squeeze momentum is down
Price at Fibonacci number 2.168 ext
In at $5.12
Target $9.45
Trade closed manually
Closing position at $6.82. Price ran into 2 channel tops. SMI is overbought. Four of four trend lines are pointed south. I'm out with nice gain from my $5.12 entry.
Chart PatternsParallel Channel

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