Upro stock price forecast technical setups display a bullish
Technical setups display a bullish pennant pattern on 4-hour charts, suggesting the upro stock price forecast could target $48.20 if market breadth improves and volatility stays subdued. Deutsche Bank, Citi and Bank of America expect it at 6,150, 5,800 and 5,600, respectively. The lowest forecast (i.e., target 5,200) came from J.P. Morgan, which still expects 50% recession risks. On the other hand, Barclays commented that the U.S. recession is no longer likely after the U.S.-China trade truce. Year-end S&P 500 target of Barclays is 5,900. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ProShares Trust - ProShares UltraPro S&p500 wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. The latest upro stock price forecast suggests potential short-term volatility, with analysts eyeing the $45.80–$46.50 range this week due to leveraged ETF market flows and index momentum. A breakout above $46.60 could trigger momentum buying.
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