$TMF
Added 2025-03-17 09:19:25 +0000 UTC$TMF is the 3 x Bull leveraged $TLT, I never recommend anyone buying leveraged positions but I know many members do and I need to facilitate everyone....and many members did benefit greatly from $YINN which is also a leveraged position.
All things considered, $TLT is a low risk position, so if you must use leverage on any position....this probably would not be one of the worst.
Price has managed to hold support on the blue line again at $38, which was a support level in Oct in 2023.
We are seeing potentially the start of an impulse wave, with some higher highs and higher lows in now.
The 50 WMA is the next level to watch now at $48.70, if the price action can flip this level to support then we could start to see a confirmed reversal here next and a move up to our Wave C level, where the 200 WMA is moving down to at $103.
In terms of risk v reward, $TLT and $TMF are looking attractive here.
Dividend +3.95%
Comments
Going down to test the wedge as support would be an even better bullish sign?
Julien
2025-03-17 09:22:45 +0000 UTC
