TQQQ trade ideas
I WILL FOLLOW...Hello traders
Target for TQQQ ==> around 167-168.
Some economists claim that an upcoming crisis will soon explode ... the trouble is that these economists say it for at least 5 years ... and the market is resolutely bullish at the end.
What to believe ?...
Not having crystal balls in my hand, I will follow the trend of the market.
Yes... as a title of a music of U2... "I WILL FOLLOW" :)
Curious thing ... the gold goes up since last Augus ... is that a sign ?
For me, i don't think so... economy work well, the US10Y is about 2.56, not a critical level... and The BofA Merrill Lynch US High Yield is under 5 %... so no doubt that investisors are positionned in Actions actually !
Nevertheless Let's stay alert !
Bye
Jeanne
TQQQ - A personal favorite ETFTQQQ is 3x leveraged, and tracks 100 of the largest non-financial companies. It has quickly become on of my personal favorite ETFs with its performance, and the January effect is fueling the fire. It is important to note that TQQQ is reset daily, so it may not be a great long-term hold, despite its apparent performance.
RSI is showing overbought - but as long as new money is flowing into the market, it is okay to be overbought. If you already have a position, hold on a little longer. Historically, RSI bearish divergence has been effective in corrections in TQQQ.
ADDICT OF GAFA...Hello Traders,
TQQQ…
I wonder if it’s real…
Crazy techno
How far will go price…
Beyond the sky ?
Yes… I'm addict of GAFA…
I regret not having put all my money on this index of techno TQQQ at the beginning of 2017...
So… my next target for TQQQ : around 134-135
Bye
Jeanne
TQQQ - Nasdaq 100 3X BULL- Ending DiagonalIt looks like a nice ending diagonal is developing for the Nasdaq 100.
TQQQ RSI Breaking Divergence Downtrend to the UpsideEvery time the RSI line comes back through and breaks a downward trend, TQQQ 1.77% goes up. Can track back to 2016 and observe. Quick useful edge. Shorter timeframes and longer have shown consistency. When there is consolidation some brief whip saw will be found but otherwise solid strategy. Try it yourself.
TQQQ pushing back upThursdays drop was extreme, to many it suggested a pull back in the market was coming. On a longer term scale the chart shows that it may have a little more downwards to go downwards as far as back to 103, but I think that 105 is the bottom of this most recent drop in the market by looking at a shorter term chart. TQQQ will be pushing back up to past 110 to the 111-114 range based on our 1hour chart. If it continues the pattern for the year though it could still reach 120 by the end of the month.
Pushing back up to 110With the recent pull back of the markets through 8/10. I see that the ETF tqqq will surge again back to at least 110. After that the long term chart shows that the ETF could reach a resistance point where if it were to continue the trend for the year it could reach all the way up to 120, but that will be tough to reach. I say 110 - 113 by the end of the month. TQQQ is going to grind upwards from here!
NASDAQ 100- Potentially bullish rally.Note nearly every time the RSI breaks bullishly past the descending RSI red trendline, this corresponds to a strong rally.
Trend Breaking TQQQThe nasdaq100 is breaking the short term trend today with a Relative Strength Index reading of 69 down from 75 this means that the current short term uptrend is going to end and start on a flat to downward trajectory. I am predicting that there will be downs all the way through out the end of the week to the middle of next week. Looking at a long term chart for TQQQ we can see that the RSI is starting to trend downwards. We also see the ETF reaching the top of the resistance level on 7/19 then quickly start to move towards the short term support level of 111. With the RSI reaching a high level for the long term It is an indicator that stocks in the Nasdaq 100 are overbought and that there will be soon a sell off. I think that TQQQ will reach between 105 and 103 next week.
tqqq 7/21 forcastI expect TQQQ to push higher past 113 on Friday 7/21. If the current trend continues and earnings are good there could be a really good chance to get a great buy on TQQQ. with it currently below 112. it's about a 1.1 percent difference in the current price. now is a great chance to buy the stock. As we can see the RSI is reaching a bottom on todays chart with the stock price moving lower, which indicates that it is a great buying chance. Up past 113 on Friday. You can expect the etf to reach a little lower today and get a good price at 111.7. After that expect a good ride up to 113.
TQQQ 7/20 trend analysisTBased on the trend of TQQQ you can expect on 7/20 that the ETF will go down to 111 levels. That's when the Nasdaq 100 reaches a level of support for the short term if the trend holds. I'm calling 111 for 7/20 with a possibility of going down as far as 110.5. This may be a chance to take a risky short in the current uptrend of the Nasdaq 100 but this is where it starts to get a little flat to down for the week.
TQQQ will bounce this week 7/17 - 7/21TQQQ is set to bounce up past 112 this week, then settle around there. That's a few percent gain during the week baring any potential bad news. Its set to go higher even long term as we can see from our trend lines it just passed through a support level and now its gaining and has been gaining since hitting the bottom last week. Right now I'm a buyer up until August when the current trend shows that the Nasdaq will experience a little bit of a pull back. Baring any bad financial news it would be a good idea to buy right now while the ETF is still at 109 levels.
TQQQ - UPRO... OR MY SWEET DREAM OF LOVE...Hello Traders,
It seems that there is a new bullish market that is being prepared.
Below, two ETF TQQQ and UPRO... which can be introduced in a portfolio...
As you want in fact...
TQQQ :
UPRO :
Bye
Long Russell 2000 after break of resistanceLong TQQQ after Russell continues upside move and breaks resistance at 134.95 which is now support.
BUY TQQQ, Nasdaq ultra long ETFConsider buying the TQQQ, Ultra Long Nasdaq with a Beta of 3.4
Close position @ 110, risk up to 75.
TQQQ, TXN, RTRX on short list for todayI will look for TQQQ short based on possible bear flag, small volume on bounce previous week and weaker buying then selling pace at this moment. I will also follow TXN, RTRX and other ideas for long and short: more ideas at tinyurl.com
TQQQ Bounce or Not to Bounce?Flood of US economic data after the long weekend. Greece is in serious bankruptcy 'do-do' so watch out.
TQQQ QQQ will the support hold?US data today may sway markets. We are headed lower in the PM. Watch for a possible bounce at the support.
