thechez

Bullish Divergence on SQQQ

Long
thechez Updated   
NASDAQ:SQQQ   ProShares UltraPro Short QQQ
Hi,

There is similar divergence on the daily Stoch RSI right now that occured in March 2018 as well. The MACD is about to rollover to the upside as well. Expect price to up to at least the downward trend line in pink.
Trade active:
Looks like we're headed to the pink line. Target is around 15.20.
Trade closed: target reached:
Price topped out around the 15.00 mark but I will call this trade a success as I did make some decent profits on this one.
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