Morning Trend Analysis Reports On Top AMEX Stocks: (AMEX: KBWB), (AMEX: TNA)


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AMEX:KBWB / AMEX:TNA
12/11/2012 [ACCESSWIRE] New York (December 11th, 2012) - PowerShares KBW Bank (AMEX: KBWB) is an equity oriented ETF and focuses on banking stocks. The fund traded in the range of $25.20 and $25.51 during its latest trading session. The stock had opened at $25.25 and closed at $25.36, up 0.20 percent from its previous close of $25.31. PowerShares KBW Bank is currently in neutral mode and has its first resistance level at $25.52. Upon breaching this level, it may go up to $26.17. The fund has its largest holding in Bank of America (NYSE: BAC) followed by Citigroup Inc.

Find out where KBWB is headed by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=KBWB

Direxion Daily Small Cap Bull 3X (AMEX: TNA) traded in the range of $58.00 and $58.97 during its latest trading session. The fund had opened at $58.37 and closed at $58.79, up 1.55 percent from its previous close of $57.99 with light volume. While the fund is likely to remain neutral in short term time frame, it may turn bullish in medium time range as shown by its MACD chart. Direxion Daily Small Cap Bull may find its first support level at $56.63. On the upside, the fund faces resistance at $59.13. This leveraged fund focuses to replicate the performance of Russell 2000 Index.

Find out more about TNA here: http://www.wallstreetscoop.net/market-scan/?symbol=TNA

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