pool adsPolitical Decisions Influence Proshares Ultrashort Midcap400 MZZ and Investors Should Listen
No matter what industry we are talking about, #politics and policy changes can affect the #price of a #stock in that industry, and Proshares Ultrashort Midcap400 (NYSE: MZZ) is not an exception. MZZ like every other company, it will experience ebbs and flows based on this type of news too, so it is important for us to pay attention. The good news is, Wall Street usually prices in events like this before they happen. The Stock Market is an exceptional forecasting tool, so if we pay attention to price we can often determine what will happen before it happens. That is exactly what we attempt to do using the price data below. This data changes over time, so we suggest updating the data for the most actionable results. For an update, please request Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Neutral | Weak |
| P1 | ERR | 0 | 9.12 |
| P2 | 8.59 | 12.63 | |
| P3 | 0 | 11.18 | 16.45 |
Support and Resistance Plot Chart for MZZ
Longer Term Trading Plans for MZZ
MZZ - (Long) Support Plan
Buy over 16.45 target n/a stop loss @ 16.4.
MZZ - (Short) Resistance Plan
NONE .
Blue = Current Price
Red= Resistance
Green = Support
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