No matter what industry we are talking about, #politics and policy changes can affect the #price of a #stock in that industry, and Proshares Ultrapro Qqq (NASDAQ: TQQQ) is not an exception. TQQQ like every other company, it will experience ebbs and flows based on this type of news too, so it is important for us to pay attention. The good news is, Wall Street usually prices in events like this before they happen. The Stock market is an exceptional forecasting tool, so if we pay attention to price we can often determine what will happen before it happens. That is exactly what we attempt to do using the price data below. This data changes over time, so we suggest updating the data for the most actionable results. For an update, please request Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Strong | Weak | Strong |
P1 | 0 | 0 | 95.52 |
P2 | 102.29 | 100.63 | 107.75 |
P3 | 104.93 | 105.59 | 119.76 |
Longer Term Trading Plans for TQQQ
May 29, 2021, 8:00 am ET
TQQQ - (Long) Support Plan
Buy over 95.52 target 107.75 stop loss @ 95.24
TQQQ - (Short) Resistance Plan
Short under 107.75, target 95.52, stop loss @ 108.06