TQQQ trade ideas
BullishI'm Bullish.
Disclaimer: This idea is for educational purposes only. This is my personal opinion. This is what I'm doing and thinking. Please consult with a licensed professional broker for financial recommendations. Do not use this idea to buy or sell any financial asset(s).
TQQQI feel TQQQ should come back to support around 83.50 area. Looking for 2 weeks or under, if it breaks that area next support 70.
TQQQ Aroon Indicator entered an Uptrend on June 19, 2020Over the last three days,I detected that TQQQ's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 421 similar cases, 382 of which were successful. Based on this data, the odds of success are 90%.
Bullish (with caution)Bullish (with caution)
Disclaimer: This is only for educational purposes only. This idea is my personal opinion, do not buy or sell any financial asset(s) based on my personal opinion. Please consult with a licensed professional broker for financial recommendations.
TQQQ 4h support became resistence : drop to 55$ to 37$ rangethis is a bear market, support of last 2years became resistence, is going down fast to test the lows first
BearishI'm Bearish.
Disclaimer: This idea, opinion is for educational purposes only. Do not buy or sell any financial assets based on this idea, opinion.
TQQQ to reach 78Consider 90 or 94 weekly SPREADS
expected P/T 78 BY 6/17
Consider 78 puts if the stock continues the trend
TQQQ - Short TechTech sector has done very well this past week - time for it to correct along with rest of market. puts puts puts
TQQQ 25 and 10-day Moving AveragesWe've gone below the 10-day MA and are nearing the 25-day MA. I would do a market sell and take your winnings and buy it back when it crosses up again.
TQQQ 25-day Moving Average Strategy vs Buy and HoldMay 2018 to May 2020
25-day MA return = 45%+56%+17%+67% = 185%
Buy and Hold = 36%
This is 185% return is better than the 50-day MA return of 147% ()
However, you'll have to subtract maybe 20% from that 185% for false-positive loss sales where it just briefly crossed the line.
50-day MA TQQQ Stratagey vs Buy and HoldFrom May 2018 to May 2020, you would have seen a 147% return by selling TQQQ when crossing down over 50 day MA and buying TQQQ when crossing up over 50-day MA.
Buying and holding TQQQ over this time would have only returned 36%.
The TQQQ Trend is Your FriendIt seems that buying NASDAQ:TQQQ when crossing up through the 50-day moving average and selling when crossing down would have netted you the greatest returns over the last 3 years.
TQQQ Short UpdateGreat start, still a lot more to go, these leveraged funds are going to get wrecked
BearishI've been waiting for this pullback.
Disclaimer: This is only for educational purposes only. This is what I'm thinking and doing. Please consult with a licensed Professional Broker for financial recommendations. Do not buy or sell any financial assets based on my personal opinions.
Short term: Neutral to BearishI'm hoping for lower prices on the TQQQ.
In my opinion, the short term is overbought.
Don't mean it can't go higher, but for me, I'm waiting for lower prices.
I'm buying the dips on the TQQQ.
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Happy Investing!
Disclaimer: These are my opinions, this is what I'm thinking and doing. This is for educational proposes only. Please consult with a professional licensed Broker for financial recommendations.
I'm flatI'm flat, hoping for a pullback. I'm hoping to buy the next dip.
Disclaimer: These ideas for educational purposes only. My opinions, not recommendations to buy or sell financial assets.
Chaos is Coming !Starting my short on TQQQ because i want short exposure to leveraged funds.
I am pretty sure it is these funds that are responsible for the major gaps the last 10 min, and it does not seem like institutional investors are joining, but retail is almost at all time highs.
Meanwhile $DXY looks like it is ready for a face ripper :
I have no idea what the catalyst will be, my guess would be fact checking the employment numbers today over the weekend. If the Donald fudged the numbers, that would be a significant event never seen before in US markets. We're not talking about rounding up to the nearest percent, it seems like a flat out lie.
I hope this is not the case as this will spell pain for a lot of people.
