ProShares UltraShort QQQ Breaks Above 200-Day Moving Average - Bullish for QID

In trading on Friday, shares of the ProShares UltraShort QQQ ETF (QID) crossed above their 200 day moving average of $36.27, changing hands as high as $37.60 per share. ProShares UltraShort QQQ shares are currently trading up about 7.4% on the day..
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