Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bulls Win the Channel! Resistance is now Support
ProShares UltraPro QQQ
Long
Bulls Win the Channel! Resistance is now Support
By jordan4401
Follow
Follow
Aug 20, 2020
1
Aug 20, 2020
TQQQ blasted through the 1D resistance formed Aug 30 2018. It's now acting as support with bulls defending and winning the channel each time.
From here on out the future looks bright.
Correction is likely coming sometime in the near term. Adjust stop losses accordingly.
Trend Analysis
jordan4401
Follow
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
.