TZA coming out of triple momentum divergence. We have 2 series of consecutive higher lows on both the mac-d histograms and signal lines. Also, the signal lines have crossed to go along with a price confirmation close that occurred today above Monday's high. Since we ended the day down from the opening price, I am waiting for price to break the high of today to signal a long position with stops below the most recent lows.
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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.