What is everyone's thoughts on picking up shares in TQQQ when it dips past 20% seems to happen roughly 2-4 times a year. And then holding till it goes up only 20%. Then wait for a dip to do so again. If you did so everything it dipped it seemed to always get back up there. If not a couple weeks time to a couple month time.
Look Daily under 200 EMA
20 will be crossing 50 EMA
Look what happened around late August.
ER whispers around the block not sounding the best.
Am Short. Look at the strong support Nov 18' & May 19' where there is ALSO a gap that can be filled around 120. That's my target.
Thanks for listening.
Currently waiting for the blue line to close above orange. With the cross awaiting to happen on the MACD. Once MACD crosses with the cross of blue over orange. It will be a very strong buy till the heikin Ashi candle closes red with volume that's when ill sell rinse and repeat. If you did so from January you would of made a nice 45%+ gain this year ALONE. WOW!