With the recent selloff on the Nasdaq this ETF looks like it's building an inverted head and shoulders. Neckline of $15 can be watched. A break could signal a move up to $17.90. This ETF is 3x leveraged, so be aware of the risk in buying this. I have a position and looking to add with weakness.
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.
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.