StakeStack
Long

SQQQ Inverse Share Split 1/4, Trade Wars and Chart looks good!

NASDAQ:SQQQ   PROSHARES TRUST ULTRAPRO SHORT QQQ NEW 2019(R/S)
The daily just closed above the 50 EMA on NASDAQ:SQQQ . Last time marked in yellow circles, the very next day went +13%. Not to mention, Proshares has annouced on May 24th for every 4 shares of SQQQ you'll recieve 1 back at 4 times the value. This is an even trade, but people will be buying or selling to have a quantity divisible by 4 (likely more buying than selling IMO ). Also, the small bounce on Indexes today was unconvincing and Trade Wars wage on. With all that going for it, I think this is an easy long.
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