The SQQQ Active Short Trade is currently trading at 12.90 in the pre-market session, just above the first price target. With the near-term bearish case firming up with today’s (likely) impulsive gap down in QQQ, the potential 3rd target is now an official price target at 13.82. 60-minute chart reflective of yesterday’s closing values (not today’s pre-market rally) below:

SQQQ 60-min July 16th close

SQQQ 60-min July 16th close