TTECH

TQQQ: Pivots are useful!

NASDAQ:TQQQ   ProShares UltraPro QQQ
Pivots are created using the high, low, and closing prices of previous trading sessions. They allow us to predict support and resistance for future trading sessions. This is my personal position as of now in TQQQ. I'm closely watching to see if we can stay above that 58 pivot area of support. I will use a trailing stop on half of my position.
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