Attention, traders!
In the current sell-off we have very high values in the PCQ (put-call ratio on the NASDAQ)!
The stocks are trading above the highs that initiated a bullish reversal in August 2024, for example.
The following chart shows two potential targets for a long trade.
In the current sell-off we have very high values in the PCQ (put-call ratio on the NASDAQ)!
The stocks are trading above the highs that initiated a bullish reversal in August 2024, for example.
The following chart shows two potential targets for a long trade.
Trade closed: target reached
Conservative TP reached. That was a fast one.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.