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3xbear

Multiple bullish patterns on DRVLong DRV = 3x Short Real Estate. To me looks primed and ready to go in the mid term to short term. DRV has been heading downwards in this ascending channel, and it has broken to the upside of the channel. Target of that one is around 66.77. Since breaking out of that pattern it has created two smaller bullish patterns, another ascending channel, and a bull flag with shorter term target of 57.77. I am not a professional, there are many ways to interpret charts and signals, I am only sharing what I see. Thank you.
AMEX:DRVLong
by mfrancisdli
1
A Technical Reason to be out of LunaHi Traders, Back in August-September 2020, Terra (LUNA) experienced an Ascending Head and Shoulders patten which resulted in the price falling back to the trough of the first shoulder. This didn't matter because then Luna rallied beyond peoples expectations right after. However, this is important because we are experiencing a very similar pattern at the moment. Now from the looks of it, the fractal and target of the ah&s pattern looks like we will probably fall to $52 per Luna by Feburary 1st. This would be a great buying opportunity howver in the immediate short term.. if LUNA manages to break support, I think a 3x short isn't a bad move! Anyways, hope this helped. Safe trading, -Pulkanator
Short
by Pulkanatir
5
National 3x Leveraged Bearish ETF Week is Not Cancelled YetLast year, a certain holiday week was founded in secret. It involves the one time during the calendar year when it is a good idea to long the bearish 3x ETFs as a speculative play, rather than a hedge. While they tried to cancel the festival this year for Covid-related reasons (money printing reasons), it seems the bearish folk are coming out to celebrate it anyway. TZA is my favorite of the bunch, but my next two favorites have got to be SQQQ and SDOW. SPXS is just not my cup of tea, maybe because the S&P hasn't seen a proper correction in several decades. Come celebrate this year and show your support with a donation to the increasingly corrupt, 51-week Negative Bagger Association of America (the NBAA) and purchase a share or two this week. Its the only week that its worth the roulette spin. -SPigPigPig AMEX:TZA NASDAQ:SQQQ AMEX:SDOW AMEX:SPXS AMEX:SPY GLOBALPRIME:US2000 SPCFD:SPX NASDAQ:NDX DJCFD:DJI
AMEX:TZALong
by UnknownUnicorn5511258
21