Long tqqq 32.61 swing trade only to 42.60Lets look daily on bottom trying turn
look selling vol getting less
hit that support holding rally to 42.60
then stops. take profits their
weekly says lower
TQQQ trade ideas
TQQQ 5/12/2022TL;DR - there is no reason to expect the bear trend is over.
Price remains below EMA, with EMA rejecting every attempt.
All recent bullish moves have been met with many sellers (note the extreme volume on relatively small bullish candles).
Price remains in the bearish channel established at the beginning of April.
Next level of support below the pre-Covid peak is at 18. Given the speed at which price moved through this area in Feb-Apr 2020, a medium range target of $18 is not unreasonable.
$TQQQ Update$TQQQ Update
So All 4 targets from my last post have hit and I have added at all of them. (I’ll repost the last one below) My average is now 36.94 and I’m looking for 49.27 for 33.38% profit.
IF the CPI comes in hot tomorrow and the market continues to sell off, then my next target to double my position will be at 20.12.
Be careful out there, guys… the market is insane right now…. One of the best ways to stay hedged is to be mindful of your position sizes and trade small…. Always make sure you have funds to adjust in case we still have further to fall….
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
TQQQ here to $50 to $28 then big rallyI really like this TQQQ rally from here, to $50 May 1st, drop to $28 June 1st then big rally out of it.
The PERFECT entry over the next 2 years.This is it.
TQQQ drops between 50-70% on major pull backs once over 2 years or more. We are now at the bottom of one. It is time to pull the trigger and buy in weekly for the next 1.5-2 months.
Long term support lines are perfect. Short term trend lines are lined up. We are in the pocket, set for a turn around.
Stop loss at 10% from today and goal is 160% however, it will likely surpass its previous high and my goal is low. Will let go of majority holdings at 150% gain from here.
Have a plan, stick to your plan. 10% loss on first buy in of 6-8 buys is small compared to 160% gain. We are sitting at a 1 to 16 risk to reward ratio if you can let some money sit for 1.5 years.
Cheers
Orton Capital QQQ longQQQ on good support, market is looking like a bounce is soon. Good r/r, taking it
welcome to the forever market, or more pain to come?tqqq is a big question because it is down a significant amount and a lead bear. if it turns into a lead bull here we could see 60% gains.
TQQQTQQQ most likely is gonna hit the second Target at 49$
After this scenario, I will update the next movement
Could ProShares Split Again Soon? So far, it hasn't spent much time below 0, but that could change very quickly here. If TQQQ falls under $30 any time soon, ProShares will be forced to consider another split in record time.
$TQQQ Reversal - 3 MosLooks like an inverse head and shoulders coming.
About to break out on the daily chart . Could see a 50% upside move over the next couple months if we can get some positive catalysts in the news.
GLTA.
- C
TQQQ could be a KANG in time! When the whole market is looking to make their way to the down side....the hopium chart projections is where the fun is at!
Will take a little bit of patience for a nice entry to ride up. The closer we get down to the $15-$20 range will be able to see things a bit more clearly on when we could be seeing pivot back up. I feel like making it down to it's C19 low is of course on the probability list for its 3 bottom touches...
Wedge/Inverted H&S/Channel continues downToo many options right now to enter, need to wait for this to mature.
I would say we most likely wedge out and long from there.
TQQQ , LONGBasis is 50 SMA takeback and close above , was a hard decision to whether to place stop under todays low or vs 21 ema . But wouldn't be surprised to see some chop and a rejection attempt , so I decided to keep the risk to account unchanged but lower stop location . This is dedicated TQQQ accounts first trade of the year .
Decided to give the stop a bit more room and go with the ema stop instead of lod .
Entry 56.31
Stop 49.90
Initial PT - 69.5 ( Sell 33% )
Long TQQQ @ 54 Swing trade longLook daily stoch still heading down I am early
have trailing stop in long 54
Target 62 stop drop.
Heiken Ashi Trend Trading Strategy for Stocks and OptionsThis is a Heiken Ashi trend trading strategy suitable for various ETFs/Stocks that can be utilized in stocks or options trading.
In my backtests, it’s outperformed buy and hold on all the large indices (S&P, DOW, NASDAQ) and it also works when using Bitcoin.
I've backtested and shared my finds on this strategy below let me know what you think of it and if there's anything I can do to improve its effectiveness.
docs.google.com
WATCHING $TQQQ for entry - Key Levels, Analysis, & Targets $TQQQ Key Levels, Analysis, & Targets
Buy targets for TQQQ
I’ll post the last one below this so you can see the last perfect swing…
I will be starting at 57.54 even though I think it will go lower before going higher… looking for a 22-29% swing here depending on where I get in…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
get long QQQFundamentals don't matter,
people have money
people have jobs
war in ukraine is as bad as it gets
inflation doesn't matter
people want to make money in the stock market
here we go... up up and away
NASDAQ & TQQQLooks like the market run up this morning is loosing steam.. the market is consolidating and would expect to give up some gains before improving towards the end of the day. Dow and S&P are both in the green but a lot more timid. Will wait for the MACD to cross before getting back with longs.
Would expect NDQ to oscillate between 14,750 to 15,250 (support and resistance respectively).The rally today driven by Tesla and Twitter news. We will need more conviction in broader range of stocks and indexes before risk-on push will seem sustainable. The 2y10y yield remains inverted, which will dampen more Dow and S&P than NASDAQ.
Neutral: watching the paint dry while stuck in a QQQ wedgeWell, now I get to practice my discipline of not over-trading while I wait for the QQQs to find their direction. Neutral direction for me at this point.
TqqqWe are at the vwap test. and approaching the rsi over bought zone. can get crazy inthis zone watching .68 fib for target.
My prediction lines for trend analysisMy prediction lines for last 5 years trend analysis and how market behaved. I took a lot of tqqq short and long trades based on my predictions. The most striking one was to me october 1st long term short trade prediction and market bounce in december in 2018.
Target 92 by 1st week of SeptemberLong term trend still intact. It stretched down to the bottom and should hit the all time high like a magnet by the at the end of August.
