Needlez33

03:09

Needlez33

picking up from the last vid. $529 support level $538 resistance level if $529 doesn't hold im expecting a 9 point drop. agree?

04:14

Needlez33

What i forgot to mention was $517 is 50% of wave 3 which is how i got that level.

Needlez33

The red lines are from the monthly that show QQQ in a tight channel since 1/23. The white lines show some recent support and resistance levels. It broke resistance on the second attempt and resistance has now become support. I think $517 is a crucial level and will probably be revisited seeing how overbought my indicators show. It's 50% of wave 3 and I think a...

02:57

Needlez33

What I left out of the video were my indicators which for most part are in overbought territory adding a bit more confirmation of my bearish outlook not to mention we been green for weeks it's time for a red week. $496.60 is also a long entry but if it happens quickly i don't see it being a 10 point move. Better for it to be crossed later for it to be more than 10...

Needlez33

As long as it stays above $100 I am very bullish. $100 is my entry point to short but being oversold on that support line is extremely attractive and bullish in my opinion. I am already in long with some insurance if things go south but if $100 breaks I think it will fall hard.

Needlez33

The pink is my thesis. 2nd leg as long as the first. Price target could happen within 2 months. The white lines are key levels one can enter on for longs and shorts. Since it is overbought one can expect some pullbacks on the way up, specifically the $140 area. I'm bullish above $120. Will consider repositioning for the short term if this level is compromised.

02:29

Needlez33

Right now I'm cash but monday looks to be real interesting. Prepping for gap scenarios and key levels.

05:46

Needlez33

This video is for level considerations. Trades based on these levels are contingent upon your risk tolerance. If it gaps up on Monday I'm bullish on any pullback but that's considering the prior high of the day was surpassed otherwise I'll be positioned as a bear until the gap fills. I'm open to conversation and feedback. Let me know what you think. :)

09:36

Needlez33 Updated 

I think plug is oversold and is steadily increasing revenues. It's current bar formation, position, and volume makes it super attractive with a low risk and high reward profile. Have an exit strategy in case things don't work out and keep your losses small.

05:42

Needlez33 Updated 

200ema crossover in the works and overall baba seems to have found it's bottom. Looking to enter around $77 with at least a 2 point stoploss. 10 points is a conservative price target.

01:53

Needlez33 Updated 

This is purely going off of technicals. I think there are some good levels to take into consideration and worth exploring. I'm particularly excited about the gaps we have yet to close. Of course, I'm ready for a bearish scenario as well with my stop loss clearly illustrated. Right now I like the risk to reward ratio. Let's see what next week brings.

03:33

Needlez33

If it's above $75 this week i'll turn bullish. Otherwise I'm bearish.

10:22

Needlez33 Updated 

This week was very interesting. What i left out was my indicators were not indicative of any direction and the contracts that I sold expired worthless. I did not open any others. I went into the weekend naked and afraid lol.

04:04

Needlez33

I didn't add the catalysts of the btc etf or the halvening in the video (part of why I'm bias) but i wanted to showcase my thoughts on the technical side of this analysis. Please trade safely and with proper risk management. Capital preservation is key, take small losses and big wins...

Needlez33 Updated 

If this weekly isn't a cup and handle then i don't know what is. If you're not in you could wait for $132.50 as an entry. Have your stop loss placed after that.

Needlez33

This bull flag seems resentless and already bouncing off the support. Indicators show a lot of room to keep climbing. If you're in $124 seems likely. Maybe sell calls above that. If you're not in $122 entry with a 1 point stop loss is reasonable

Needlez33

Spy seems to be in a bullish channel with key support around $415 (I'd probably look to go long around here with a $413 stop loss) $423 seems like an entry point for a short with a $425 stop loss. Why here? its already overbought and that level seems super extreme to hit and maintain. Nothing is 100% so have your stop losses in play.

03:07

Needlez33

The recent rally is momentous and some brighter days ahead but i think it will retrace thursday or Friday. Set yourself up carefully and methodically. Risk management over everything