QQQ HOURLY CHART ELETION UPDATEQQQ HOURLY CHART ELETION UPDATE:
Upper limit is $119.72 and lower limit is 109.12. Unlike SPY QQQ is very strong and doesn't show weakness sign yet in the price chart but technical are weak though. Need good options strategy heavy on the short side and less on the bull side. But looks like it will move either way in pre/post election days.
GOL
Short the Pump $GOLStocks that spike, like $GOL here, are always of my interest.
This big gainers spikes with almost to no news out. Purely hype.
Also, it has been trading under the 50MA since Sept. of 2015.
My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.)
If it decides to break above .57 , I'll look to short it near the 50MA
Would not go long until it can show that it can break .80 .