Daily Stock Setups

ProShares Ultra QQQ (QLD) Bullish Technical Alert - Trend Up 16.8%

Posted on: Fri, 28 Aug 2009 10:35:00 EDT

Symbols: QLD

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Aug 28, 2009 (SmarTrend(R) Spotlight via COMTEX) --
QLD | Quote | Chart | News | PowerRating -- ProShares Ultra QQQ (AMEX:QLD) is trading 2.8% higher (up $1.31 to $47.96) today on volume of 1,496,915 shares. The stock has traded within a 52-week range of $19.46 and $78.21.

ProShares Ultra QQQ is currently above its 50-day moving average of $41.36 and above its 200-day moving average of $32.01.

SmarTrend is bullish on shares of QLD and our subscribers received an Uptrend alert on July 20, 2009 at $41.06, which has returned 16.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on ProShares Ultra QQQ (QLD) QLD. ProShares Ultra QQQ (QLD) has Short Term PowerRatings at TradingMarkets. Details on ProShares Ultra QQQ (QLD) Short Term PowerRatings is available at This Link.

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