FAZ Staying long @ 25.15Daily higher lows higher highs stoch heading up vol good Weekly stoch needs get above 30% Longby john120
Staying long FAZ 25.88Daily says long can pull back some nice candle. need hold 50 day Nice higher lows Weekly trying needs get above 30% Longby john12441
FAZ Still long 25.74Daily rolling over looking for a pull back. We have higher lows Weekly still way down their turning up some needs get above 30% support 24.40 staying long small shares needs get above that 50 day MA hold I will addLongby john120
long FAZ 24.05Daily blah nothing Weekly same. I am long as a hedge with very small shares she can drop to 21 so I have a trail on it Longby john120
FAZ FLOORWalks like a bottom, lets see if it talks like a bottom tomorrow - last trading of day in May. If Wave E and A end up approximately equal Wave E hits the lower Fib. My guess is Wave E won't complete until sometime next week, but you never know. And Woodies CCI getting frisky with a couple recent pops over 250. Look out above FAZ.Longby AkksujeanUpdated 0
FAZ Long 25.15 My hedge Daily says long it small shares not bad buying vol weekly trying to turn way below 20% May have found a bottom 24.42 Time will tell Longby john121
FAZ Long 25.15This is my long term swing trade Daily not bad stoch up vol up, just short covering Still more sellers than buyers Weekly trying turn up some I do believe banks will rally more , I just want a hedge and I like it. Support 23.43 Resistance is 27.55 It is a long term trade but does not mean I don't take some profits when their, along the way. But I always stay in re- add when its is time Longby john120
FAZ watching FAZ be a nice hedge on my WFC long I am still playing long side banks like catch at bottom small shares This would be a long term swing trade Like I do with SPY long. Watch it 26.41 huge supprt by john120
Big Shot is coming soon.Big Shot is coming soon. This trend has already reverse safe too win.Longby padawanjunior2
Looking for more than a 700% spike upwards with this oneThe financial sector is in trouble and we got a lot of bullish divergence on this ETF lets aim for The Sun!Longby RizeSenpai222
bull run is over due For over a decade now we have fallen. Bull run is coming and it will be around the corner in the moment least expected. Stock market can not go up forever. Reset is coming and I will be hedging with this instrument. Longby mrforex89110
FAZ short Upper line of Bollinger band Short Entry 15 Stop 17 Target 12 reward:risk=1:1 with high probability I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.Shortby PlanTradePlanMMUpdated 554
FAZ SHOWING BULLISH DIVERGENCE. NICE GAP TO FILL AT $22THIS LOOKS LIKE A NICE RISK OFF PLAY TO ME. THERE IS A GAP TO FILL AT $22. COUPLE THIS WITH IMPLIED VOLATILITY FROM THE VIX INDEX AND THIS BET WILL GIVE HANDSOME RETURNS.Longby BitBookkeeperUpdated 3
FAZ in the Summer Dog Days Till August?Not much to say here except, the Fed and the PPT have done a masterful job at what they do best..."extend and pretend". Cycles analysts indicate that a crash window is in August. EW analysts also see the overall picture remaining bearish. Reality seems to underscore that as well. This chart may fit the August crash projection. Shortby quantumaffected224
Easiest Trade, fundamental calls for pull backWe have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants. However the rally calls for pullback and there's a easiest trade case to be made about FAZ which is 3X leveraged Financial Bears ETF. with great upside returns due to a pullback on fundamental levels. Be aware leveraged ETF is not a product to hold for a long time so quick returns enthusiast should understand risk before buying. Good Luck ! Longby OnewestsideqUpdated 229
FAZ Slammed Back Into Even Larger Symmetric TriangleThe Fed continues to fight against the forces of nature. Chairman Powell has been saying the system is under tremendous financial stress, while later saying there is "a lot more they can do". In reality, this is just more of the same manipulation, and the classic "extend and pretend" maneuverings that only buy a little more time. The problem of course is that the more they suppress natural forces, the more those same forces will compensate when they correct. They never learn their lesson. With that said, it appears there is a limited window of time until those forces have to explode/implode as the chart suggests. Longby quantumaffected118
FAZ - bounceI see no reason why anyone would short this unless they are the market maker looking for a better entry price to flip long. Everyone else, it will either go up from here on, or at the very least it will bounce back to this price from any dips. This is a relatively quick trade only, long term moves do not work on these leveraged Etfs. Tighten trailing stop more and more as it goes up to lock profits. Target I want to say $33 to $43 , but these 3x vehicles are not exact scienceLongby MavskiUpdated 5
FAZ Projections Following Break Out 5/13/20Fed Chairman recant on Dovish hints seem to correspond with the anticipated break DOWN of the S&P and the break OUT of FAZ. While the move out of multiple symmetrical triangles does confirm the upward trend for FAZ, it would have been ideal to have a solid close in within the upward channel, and was just a few points below it. To be more certain we will need some follow through and a get the close in the upward channel. I have put an Elliot Wave projection utilizing resistance zones and gap zones as pivot points, but I am not seasoned on EW, so use that info sparingly.Longby quantumaffected116