KoosKanmar

$SQQQ ProShares Ulta Short. Support held and gap closed

Long
NASDAQ:SQQQ   ProShares UltraPro Short QQQ
Support around 11.00 level held
Opening gap closed around 11.29 level closed yesterday.
Longs seems to be doing housekeeping for a move higher
This is a 3x leveraged inverse ETF, so keep risk in mind
Took a position with a 13.00 target price to hedge against downside portfolio risk
Stop loss on a daily close below 11.00

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