remember to make 30% to 200% on put options on QQQ and sell way before expiration it should be noted that all options calls i make are to trade options not hold till expiration buy in or near money a large drop is impending this upward move mite be just the momentum it needs to give strength to a trend reversal to the downside. anway could be a week or two before...
I learned to recognize this in minute by minute charts day trading. this is a very good movement should have a breakout.
This is a swing trade i am taking a bullish stance on. It mite become a momentum break out golden cross has not yet occurred mite eventually.
drew picture makes a representation of normal common high volatility movment with good volume at opening will close down likely. plan on holding for over 1.00 a share. I usaully dont buy a penny stock the earnings per share is higher then the price per share. hold for gains