Since Sept TQQQ looks like it's formed mini Wedge patterns inside possible Wedge ready to Form. The downside is calling to complete this atomic Wedgie Sandwich!!! Don't be tricked by the long play or the atomic wedgie will hurt!! This is only an incredible idea so please do your own due diligence! Comments welcome!
Wheres the thumbs down button? You can make this wedge pattern on half the stocks I viewed today.
matthew777
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interesting view, so would u think good to buy or sell?
PETEYboy
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@matthew777, Depends really on if you are an investor or trader. I swing trade and have shorted the last two days by rinsing and repeating each day shorting the top and covering when it hit bottom ranges. Tomorrow we can possibly see it hit $100. I think shorting these levels for swing trade down to $95-100 levels is a much better reward than going long at these levels for the short term. Hope this helps! Please do your own research as this strategy fits my own situation. Everyone is different. Good Luck