IQ On New Support TrendAfter Pulling Back We Have Established A New Support From 3/27 low of 22.70. Use Support as current stop!
IQ trade ideas
IQ and the 5 point turn!!Maybe its because its: 1. the first green H.A. trend candle in the last 10 candles. 2. That all three oscillators (Stoch RSI, RSI, CCI20) are turned up showing the big bottom turn. 3. That we see the turn on a major support area. 4. That we are still well above last years high (blue line) so we can use it as a good stop at 21.70. 5. Even with the pull back and consolidation we are well over 50% up this year. Sounds like a good 5 point turn to me. Yet Laying all that aside, I just wanted to point out what a great day IQ had running up 5% today. That was a nice 5% turn indeed. Will very likely be 15-20% by next Friday easy, if IQ does its thing!
IQ at support level -- several indicators confirming(RSI, 14) is on a higher low, trending up @36.3
Stochastic RSI on a high @97
Bollinger bands on a 1h time period are reaching a squeeze.
SMA is starting to cross the middle Bollinger Band.
This is the trade I would make:
Entry: 22.8
Long: 23.8 (+ 4% )
Short: 22.15 (- 2.85% )
RRR: 1.54
IQ Looks ready to rally$IQ looks like it's ready to start a new rally. I'm looking for it to pop out of the Ichimoku Cloud. It has bounced off of the recent down trend line and looks to be headed back to the longer term up trend and emerge from the cloud. Once it does these things I'll likely open a starter position.
IQ Has Consolidated And Is On The Move Again!!After pulling back it has retested the 25.50 area and is making a great bottom turn here. All indicators are cranking around and its moving fast!
IQ Going to breakout?Looks like $IQ is getting ready to breakout after a nice flag consolidation after earnings. I planning on going long on an open above the flag. Maybe around $27.80. I see 1st resistance at about $30 level. If it can push past there I'd look to take profits around $32.50ish.
IQ LONG TIMESo $IQ seems to have a probable harmonic target at 29, for now it has closed over daily resistance but not pivot level for me at 27.5, indicators look a bit tired may pull back. HARMONIC violated at by close under C level
IQ Bullish Breakout!IQ closed on Friday with strong volume. Expected target is 29.25 if we break 29.25 we can see the stock going to $31
Accumulation?Looks like the buyer's may be stepping up here.
Would like it to clear the most recent high's!
Watching IQ this weekIQ have a strong long look in this weeks, and have a potential to reject the 20EMA and bulls can re-start to enter.
I will enter a long position if i see one of this day that the Stock Hold and make a new high of a precedent day , the SPY and the QQQ are in my favor and .. most important i see volume come in at the trigger..
Most likely will consolidate here few days, there's no rush to enter guys unless we start the week with a gap up.
Another way to enter is over 28, where i do have a stop order placed at 28.01 is the most safe way to enter.
First Target is Level A, second is 30.90 where is clearly visible a strong pivot. (Look Left in the daily chart).
Do not enter if a technical SU does not exist, wait over 28 if you don't know how to enter a flag like this.
Play attention to put a stop if you enter, under 24 this stock will be in the bears hands!
Trade Wise.
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IQ strong looking to go long over yesterday highIQ pretty strong here
ADX over 30, and forming a nice flag.
Trigger over yesterday high.
Learn more about my strategy:
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IQ: Neutral OutlookClimbing ascending triangle, but closed on Dec 3rd high of the day. I believe this stock trades within ascending triangle until earnings and then decides major movement.
IQ: BULLISH OUTLOOKPossible V shape pattern and ascending triangle. Looking for volume and over 21.80 before buying. Earnings on Feb 19th could possibly send it above the TBA.
