TQQQ Call Credit Spread - Apr 01I bought a $130 Call dated Apr 01 for $85 today, Feb 22. It is perhaps 2 weeks too early, but having this call at such a cheap price will enable me to use it to open a call credit spread in the weeks to come, following TQQQ's rebound to around $105 by March 05. by bodeen880
TQQQ Put Credit SpreadMy plan was, "in order to leg into iron condor - will initiate put credit spread for 90/85 for March 05 , 2021 if price drops below $100 per share." Now I am doing the other leg of the iron condor. Current share price ~$98. I opted to do a put credit spread for March 05 , 2021 with sell price of 90 and buy price of 85 (85/90). Total credit received: $75 per spread contract. Total risk: $425 per contract. Expect price to recover. Minor Regret: I wish I had bought the $85 side of the put credit spread when the price of TQQQ was still $108 because it would have been cheaper. by bodeen880
TQQQ Next stop 95! Charts don't lie!!Some great 5% shorts the last 2 days. Rinse and repeat. Tomorrow we are looking for it to touch at least 100 maybe 95. The big guys that move the market are slowly bringing this back down to reality. You can see the green down candles, the last two days. Definitely a pullback, but could be more. I marked two key areas on the chart that will likely be hit tomorrow (price point and RSI). Charts don't lie, so do not be fooled by the big boys manipulating your thoughts through the media and forums. Be careful what you read. There is most likely a motive. This year is a perfect example. Try learning before paying for a service. To win you have to learn and be disciplined. Please do your own due diligence as this short is for my current situation. Question or comments are welcome. Trade to Win!! Protect your profits!! Hard work = Good LuckShortby PETEYboy776
TQQQ if you don't short you might be in for an atomic Wedgie!!!Since Sept TQQQ looks like it's formed mini Wedge patterns inside possible Wedge ready to Form. The downside is calling to complete this atomic Wedgie Sandwich!!! Don't be tricked by the long play or the atomic wedgie will hurt!! This is only an incredible idea so please do your own due diligence! Comments welcome!Shortby PETEYboy334
Listen to the TQQQ Megaphone "SHORT ME"Looking at the TQQQ hourly chart, you will notice that the megaphone is showing reward to the downside around 56. The upside is limited to about 114 area. What is the logical play? Comments? Also the Yearly RSI is touching 80. What happened last time yearly RSI touched 80? Feb 20, 2020, Sept 2020 Kaboom! Please do your own due diligence these are just fantastic recommendations!Shortby PETEYboy4
Finally!! Clearest Picture on TQQQ yet! Follow the Money $$!!!TQQQ Wedge forming bouncing off resistance. Next spot $$$$!!! Please do your own due diligence this is just an amazing idea!!! Comments welcome.Shortby PETEYboy1
TQQQ Call Credit SpreadCurrent share price ~$108. Rather than risking being exposed to holding shares of TQQQ and doing covered calls, I opted to do a call credit spread for March 05, 2021 with sell price of 115 and buy price of 120 (115/120). Total credit received: $146 per spread contract. Total risk: $356 per contract. Expect price to cool at this point. In order to leg into iron condor - will initiate put credit spread for 90/85 for March 05, 2021 if price drops below $100 per share. Form hypothesis for next iron condor after March 5th. by bodeen88223
Using my LOC EffectiveThis was a two trade day. It went very slow but I gave enough room to let it breath. I had a little difficulty in the beginning as I was questioning myself of getting in. Long04:41by crackamaniac0
TQQQ Pullback, 4 - 10 or 27% - Feb2 Confirm or Reject Wave 5Qs have about 4% to go to hit the 50 Day Moving Average, about 10% to hit the 200 Day, and 27% to hit the 2008-2020 Uptrend line. Wave on 5 Day: *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*Shortby N0tSwiftUpdated 1
TQQQ heading lower?The break below the lower trendline and bearish divergence of RSI giving indication that TQQQ and tech might be heading lower short-term.Shortby Bentoshi0
TQQQ - Ascending Broadening Right-Angled formation TQQQ - Ascending Broadening Right-Angled formation . thepatternsite.com Breakout is upwards in 55% of times. by platinum_growth0
Big Tech in for a Big Drop?Here's TQQQ divided by the M1 money supply. Here's QQQ divided by the M1 money supply. By dividing by M1, we are able to see the supply adjusted value of the share. I chose to use TQQQ instead of QQQ for a short because it looked pretty cool making a triple top when divided by M1. Haha.Shortby NeoButane445
TQQQ 1st stop 86 from hereAs we hit the resistance trend line from 2018 & 2019 expect a pullback to 86. Looking at the chart you will see what happened last time we touched these trend lines. 1) Feb 19 2020 2) Sept 2 2020. Protect yourself!! Short TQQQ or buy SQQQShortby PETEYboy2
TQQQ to 60s-70s - BearishWe all know the market is overdue for a correction. Many market makers estimate an approximately 10% sell off - corresponding to a +/- 30% sell off in TQQQ. VXN and VIXY are setting up for a potential volatility breakout +/- Feb 02. Potential catalyst could be an underwhelming NFP? Rising corporate bond yields may also put pressure on valuations.Shortby ajd333
More room to run in TQQQBullish heiken ashi close for entry signal I got about 2/3 of the position I wanted to and it continued to run after hours. Sell signal is first red heiken ashi or we will sell 10% of position at 190.52(+4% gain). Additional take profits at +6%, +8%, +10% and +12% if we get there. Tomorrow, if at any time we go below today's close (183.19) but stay in a bullish daily heiken ashi, I will add more.Longby kylespangladeshUpdated 113
US Index ETF - TQQQ REMAINS STRONG AND BULLISHAFTER Pence announces Biden's victory after Congress completes electoral count, MARKET HAD SHOWN STRENGTHLongby TanYuKim1