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TQQQ: Weekly Forecast Navigating Near-Term Challenges for Long-Term Gains

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The weekly trend of TQQQ entered the Bullish zone five weeks ago, and a favorable upward trend is ongoing, consistently pushing the highs higher. Based on the direction of the trend, it has maintained an upward flow for the seventh consecutive week. In the short term, it is expected that from next week onwards, the buying momentum will gradually weaken, indicating a potential entry into a correction trend. This trend is expected to transition to an overall correction trend by early to mid-January, about two weeks later. Subsequently, a trend indicating a return to an upward trajectory is anticipated. In the short term, the flow is expected to fluctuate around the resistance level of $50, serving as a short-term peak. Over the next few weeks, buying strength is expected to be weak, and selling pressure may temporarily intensify. This forecast suggests that there will be periods of weaker buying and temporary strengthening of selling pressure in the coming weeks. Dec 11, 2023 ◆ Closed pr

TQQQ. Strategic Insights into TQQQ Stock: Navigating the Transition from Bullish to Bearish - A 10-Day Pretiming Forecast.

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In this analysis, we explore the long-term and short-term strategies for TQQQ stock as it undergoes a shift from a Bullish zone to a potential Bearish zone. The long-term strategy emphasizes a 'Buy and Hold' approach during the Bullish trend, while the short-term strategy recommends a cautious 'Sell(Bearish)' position amid an impending change in market dynamics. Key insights include the current trend zone, expected trend movements, suitable investing positions, and precise timing for buying and selling. The analysis also highlights the stock's correlation with the US market, potential volatility, and predictions for trend reversal. Overall, this comprehensive forecast aims to guide investors through the complexities of TQQQ stock in the next 10 days. Jan 31, 2024       TQQQ stock closing price 52.6 -5.88%             ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitabl

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