AwesomeAvani

BNKU- Triple Leveraged Bank Sector LONG

Lång
AMEX:BNKU   MicroSectors U.S. Big Banks Index 3X Leveraged ETNs
On the hourly chart, BNKU fell from a head and shoulders in late July , crossed

under VWAP lines in a VWAP breakdown and pullback before an inverse head and shoulders

type reversal now underway. The zero-lag MACD is confirmatory. I will take a long

trade here. Projected stop loss and targets ( TP1-40% TP2 40% and T3 20%) are on the

chart. I see this as a very safe trade with an estimated 12% overall profit expected.

I am in a WFC trade and looking at ETFs DPST and KRE as well
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