Stay Ahead: TQQQ Stock Price Forecast for Smart Investors

"Unlocking Tomorrow: TQQQ Stock Price Forecast Reveals the Future

Smart Investors: TQQQ Stock Price Forecast

Updated Aug 2023

We will analyze this topic within the context of the historical events of 2020. This historical perspective serves as evidence of our actions and, more importantly, illustrates the importance of learning from history to avoid repeating past mistakes. The key lesson in the world of stock markets is that stock market crashes present buying opportunities. This principle has been at the core of our message here at Tactical Investor since our establishment in 2003.

Let’s begin by examining the investment objective of this leveraged fund.

This ProShares ETF, designed for leverage, aims to achieve returns three times that of its underlying benchmark over a single day, measured from one NAV calculation to the next. However, due to the compounding nature of daily returns, holding the fund for periods exceeding one day can yield returns significantly different from the target. ProShares’ returns over time frames other than a single day may also deviate in magnitude and possibly direction from the benchmark’s returns for the same period. These effects tend to be more pronounced in funds with larger multiples or those inversely tied to volatile benchmarks. Therefore, it’s advisable for investors to regularly monitor their holdings, potentially even on a daily basis. For comprehensive information on calculating returns and the associated risks, investors should refer to the prospectus.

TQQQ Stock Price Forecast

TQQQ ProShares UltraPro QQQ weekly Stock Chart

The observed pattern here is quite intriguing. It typically involves surges to new highs when the MACD indicators are trading in overbought territories (which aren’t displayed in the chart above). Afterwards, there’s a retracement followed by an attempt to retest previous highs before experiencing a more substantial pullback. If this pattern (highlighted with “if”) repeats itself, then after testing its highs, we can anticipate a pullback to the 63 to 66 range, possibly even dipping as low as the 54 range.

However, it’s essential to consider that, unlike the significant pullback that occurred between May 2018 and December 2018, TQQQ is currently trading in the extremely oversold territory on the monthly charts (as depicted below). Consequently, under normal circumstances, the intensity of the pullback would likely fall into the mild to medium categories. On the other hand, there’s a possibility that TQQQ might shed its excess weight in one substantial move. Regardless of the outcome, the crucial factor is that our indicators need to retreat from the overbought ranges on the weekly charts.

We will be closely monitoring TQQQ and several other leveraged ETFs as we plan to replace a significant portion, if not all, of the plays in the Moderate to High-risk portfolio’s secondary candidate category with closely monitored leveraged ETFs. As previously mentioned, the strategy will revolve around playing intermediate timelines by closely following the developments on the weekly charts. In essence, we will utilize the weekly charts as our guide for entering and exiting these leveraged plays.

This is another trend that subscribers should pay attention to; this bull market is unusual in that, it’s being powered by B.S. As we stated from the onset of this bull; hot money is the only factor that is keeping this bull alive. Market Update Jan 19, 2020

TQQQ TOP Holdings

TQQQ Stock Price Forecast and top 10 holdings


The image above displays the top 10 holdings of this leveraged fund. With AI and technology poised to remain dominant themes for the foreseeable future, investors who prefer not to invest in individual stocks and are willing to take on more risk might find strong pullbacks as an opportunity to enter this ETF. However, for risk-averse investors, the non-leveraged QQQ version, which shares the same holdings as TQQQ, can be a suitable alternative to consider.

Other articles of interest:

Inflation News: real inflation is coming

Inflation News: Real Inflation Set to Surge

Inflation News: Critical Resource Conflict Looms, Driving Real Inflation Sept 15, 2023 A resource conflict is looming, involving critical materials ...
Resource Wars Redefined: Beyond Traditional Conflicts

Resource Wars: Navigating a Shifting Global Landscape

Resource Wars Unveiled: The Global Transformation September 14, 2023 Introduction:  The "Resource Wars" concept has taken on a new and ...
Stock Market Sell-Off: Embracing Buying Opportunities

Stock Market Sell-Off: Embrace Fear & Seize Opportunities

Stock Market Sell-Off: Embracing Buying Opportunities Sept 12, 2023 Introduction: In the dynamic landscape of investment, the term "stock market ...
Stock Investing Mistakes: Fear Should Never Dominate

Stock Investing Mistakes: Fear Should Never Dominate

Stock Investing Mistakes 101: Never Panic Updated September 2023  Most investors lose money in the Stock Market, because they invest ...
Stock market crash today

Stock Market Crash Today: Should You Be Concerned?

Stock Market Crash Today: What Happens Tomorrow and Beyond? Updated Sept 2023 The most effective approach to financial markets involves ...
Pavlov Theory In Action With Trump Win

Defy Pavlov’s Theory: Buy When the Masses Sell

''Come to the edge,'' He said. They said, ''We are afraid. "Come to the edge,'' He said. They came. He ...
Copper ETF time to buy, markets & psychological warfare

Copper ETF: A Critical Decision – Buy or Beware?

Copper ETF: A Smart Play in the Bullish Copper Market Updated Aug 4  2023 In the good old days, before ...
manipulative behavior

Examples of Groupthink: Instances of Collective Decision-Making

Examples of Group Think: The Media Updated September 2023 It's essential to recognize that the same individuals who control the ...
Investing in a Bear Market: Are Bear Market Fears Overblown

Investing in a Bear Market: Ignore the Naysayers

Investing In A Bear Market: Strategies for Successful Investing Updated Sept 2, 2023 We will employ a historical backdrop to ...
China Great Long term opportunity

Yuan Vs Yen: Yuan On course to Challenge Yen

Currency Clash: Exploring the Yuan vs Yen Dilemma Updated Sept 2023 In recent years, the Yuan has made significant strides ...
ASAN Stock Price Trends

ASAN Stock Price Trends: Poised for Takeoff or Set to Decline

Analyzing ASAN Stock Price Trends: A Comprehensive Overview September 1, 2023 Before delving into the stock's performance and its potential ...
Stock Market Predictions; Don't panic with the herd

Stock Market Prediction: Avoiding the Herd Mentality

Stock Market Predictions: Experts Often Fall Short Aug 31, 2023 To illustrate the fallacy of stock market predictions, we will ...
stock market crashes represent opportunity & not disaster

Crisis Investing: Turning Market Crashes into Opportunities

Crisis Investing 101: Crashes Equate To Opportunity Updated Aug 2023 The Tactical Investor states that you should jump for joy ...

Greenspan Put: Why the Maestro has it Wrong?

Greenspan Put: Rates Won't Rise Soon Updated Aug 30, 2023 As we delve into the concept of the Greenspan put, ...

Financial Insights: Cutting Through the Noise

The Tactical Investor's Five Minute Financial Insights Project aims to cut through the noise and provide relevant financial data concisely ...