TQQQ updated levels, target still remains at 127.5Same as QQQ chart, all targets still same, slightly adjusted wave 2 to the high made in the morning. Copyright Rohan Karunaratne 2020
TQQQ trade ideas
TQQQ target 130 or 100 for C wave retracementStill waiting for either a 1-2 structure off the lows which would confirm a bullish trend, target for that retracement around 130, or another option is a deeper C wave to around 100 for the bearish option. We still haven't reached the ending of our target B wave yet, which would end around 150, any push farther would be bullish. Side note, I am also posting a QQQ chart daily now, which is more accurate and precise for projections, as it is not leveraged, but I will still post daily TQQQ levels. Copyright Rohan Karunaratne 2020
TQQQ bearish target 100, bullish target 180Sorry for the slightly late upload, the TQQQ chart is a confusing one. I color coded the elliott counts to make it simpler to read: Blue = Completed Bullish Targets, Red = Completed Bearish Targets, Pink = Projected Bullish targets, Yellow = projected Bearish Targets. The key levels will be the top of the micro B wave around 151, if we break through that level (sustained, not just a slight spike), then the levels to watch will be the 12345 pink count. Alternatively, we can get rejected off the 151 level, find a support at the wave 2 low around 130, and then still follow the pink count target to 180. If we do break below the 130 level, and begin to fall down, then all the remaining yellow targets down to 100 are the key levels to watch, with buys for me around 120 and 100. This chart is kinda messy, feel free to comment any questions and I will clarify as needed. Enjoy your weekend! Copyright Rohan Karunaratne 2020
TQQQ expected rejection of 147 level, target 120Expected rejection off the resistance level, if this is wave 3, target is 120. If not, we need to hold above the local low at 130. Copyright Rohan Karunaratne 2020
Daily Recap sur TQQQ - 20201112Une autre séance d'apprentissage pour TQQQ. Survive until you thrive!
Comment trader TQQQ. Un Recap des séances du 9 au 11 NovembreCe vidéo explique ma stratégie pour trader l'actif TQQQ en court de séance.
TQQQ still bearish, wave 3 target 120All target remain same for /NQ and TQQQ. I am watching this resistance level, if that holds and we get a breakdown into tomorrow, could confirm the wave 5 target of 100 or lower is still possible. If we do get a sustained break above and we turn resistance into support, I would have a more bullish outlook. Copyright Rohan Karunaratne 2020
TQQQ rejection at projected level, target 130 to begin A waveCalled out the target almost to the exact price, rejection off the resistance does confirm that continued downside is a high probability. Current levels are the Fibb retracement from 160 to 107. Copyright Rohan Karunaratne 2020
Tech sectors will pull back after Pfizer newsThe growth projections will be adjusted for many tech companies including zoom, shopify and peloton. They will continue to downtrend for more support. Key RSI level: 40
TQQQ - Which way now? 207 or 107? - This week could showWe're at the top of channel for our 9/3 downward channel, and C wave length at 1.618 could take us to the $107 range.
But the elections broke us out of channel and with 4 green days in a row could be pointing up at $207
If we are up at 10:30am Monday I'm buying more.
If we're down, I'll be waiting on a nice drop to buy more, and considering selling what I have.
I'm a big long term bull on TQQQ having done well with it for 5 years, but short term things are pretty interesting.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
TQQQ good pullback off the highs, potential ABC retracement Key levels to watch are a sustained break below the highs set yesterday, and continued push below the 140, 135, and 130 levels. Macro support is 120 and 100, that would be an idea buy target. Copyright Rohan Karunaratne 2020
EASY MONEY THEY ARE PRACTICALLY GIVING IT AWAY!!!!Well if you've been on the sidelines and missed all the Action fear not theres still a chance for some Quick Large Gains...
This isn't Rocket Science....ran to hard, to fast, for no Reason. Oh wait there's and Election Being Counted Right?
And are they talking Recounts what?!?!
I can't spell it out for you here lol
Puts ALL DAY, buy the Put Options, choose your time frame depending on your trading type but...this is to easy. We are Def Short Here, even painted you
some Target Exit Points On the Fib Retracement. GLTA
PS
Thanks for ALL the Support. I am Sorry I wasn't able to keep up with my 30 Day to 100k Post. Between a regural job, the trading and trying to chart and post there just wasn't enough time in the day. So I had to either give up charting/blogging or my run to $100k. Needless to say I stopped blogging lol.
But.... I MADE IT !!!!!!!!!!!!!!!!
So Look for me in the future with a little more play money I should have so more free time and will try to keep putting things together for you. And I'm possibly considering a "Ride Along" for those who want to follow the trades as they happen.
Give a mean a fish he eats for a day. Teach a man to fish, he can eat for a lifetime. And I'm not selfish, if I can help anyone in anyway better their life, Im all about it.
Thank You All
TQQQ resistance around 158-160, beginning to top B waveThe rally up was way faster than I would like to see, definitely not the best sign for the bullish case. Already sold off, looking for a turn back town to complete C wave around 100. Copyright Rohan Karunaratne 2020
Swing Trading is a Long GameThe election has been a sorrowful event for anyone shorting out there. However, last month started terribly for me as well but actually ended up 32%.
TQQQ Diamond Tops bearish reversal patternTQQQ is “possibly” displaying a Diamond Tops bearish reversal pattern. Good luck and happy trading friends...
Buy low, sell high on TQQQMeasure bands around TQQQ and issue a buy when the price drops down and sell when price spikes up very fast.
TQQQ uncontested election could be problematic for marketsThe main key indicator that will dictate the next few days is how fast a winner is declared. If we can get a winner tonight, it doesn't really matter who, then we can continue this rally. If there is some uncertainty in the next few days, be prepared with VIX. Copyright Rohan Karunaratne 2020
