TQQQ Stock ProShares UltraPro QQQ (TQQQ, $76.86) price may drop as it broke higher Bollinger Band on Jun 17, 2024

A.I.dvisor
at Tickeron.com
06/18/24
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TQQQ - ProShares UltraPro QQQ
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $76.86
Daily change: +$2.69 (+3.63%)
Daily volume: 46M
Net Assets: $24.1B
This price move could be a signal that TQQQ may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where TQQQ's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com