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SPYder_QQQueen_Trading
Mar 23, 2021 6:46 PM

$DRIP Target 31.02 for 61.73% Or next add level is at 7.34 Long

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X SharesArca

Description

DRIP Target 31.02 for 61.73%

Or next add level is at 7.34

This is another insane setup that you should only trade at your own risk... it might take a little time to play out.
Ride or Die, y'all... be careful with this one as trading contracts is a little different from regular stocks.



I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Comments
Dippy
I just don't see us reaching that 36-40 mark. TV doesn't show all the past splits. Supply certainly plays a roll if we will/will not reach historical levels. DRIP is a prime example of a misleading chart. I would watch for exits around 16-22. Certainly wouldn't mind a 40 exit but that's too optimistic for my taste.
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