Short $TQQQ $144.07
Short 
TQQQ $144.07. Heavy sell off in named technology stocks pulling down TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart.
TQQQ $144.07. Heavy sell off in named technology stocks pulling down TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart. Trade active
Target 1 achievedTrade closed: target reached
TQQQ split 1:2. Will publish new chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.