TQQQ Tech 3X levarged ETF LONG
Updated
On this 15 minute chart, TQQQ is in an anchored VWAP band and volume profile breakout.
Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours,
NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator
forecasts and uptrend continuation. I will get call options targeting $58 for Friday's expiration.
This is a risky play, price trend could reverse and there could be no time left to recover from
that reversal. The rewards for the trade going right could easily exceed 100%.
Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours,
NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator
forecasts and uptrend continuation. I will get call options targeting $58 for Friday's expiration.
This is a risky play, price trend could reverse and there could be no time left to recover from
that reversal. The rewards for the trade going right could easily exceed 100%.
Trade active
Stop loss is now above break even the trade is risk and stress free. 25% of the position will be closed at high of day by alerts and notifications. The remainder runs
through into next week.
Trade active
TQQQ has topped out- shorting QQQ now linked here:Note
Note
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.