BATS:SQQQ   ProShares UltraPro Short QQQ
hi Traders

Let's have a look at SQQQ daily chart.
SQQQ was in a long-term downtrend but now SQQQ is looking interesting agian.

We can observe the higher low structure which shows the accumulation.
The trend has a chance to reverse from here and this is the area were longs may be taken.
Mid- term target for longs: 28$ -31,48$

Do you agree?

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Feragatname

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