IQ trade ideas
IQ - Long idea for the next two months.From watching it for a while, it seems to find a bottom.
Share your thoughts.
Bullish flag - double your moneyLong $IQ
Regardless of the trade war, I don't think this is a long time winner.
MACD shouts BUY
IQ - Bullish attemptIf IQ opens gap down below support area tmr due to the S&P 500 future, the plan is invalidated
IQ- BULLISH MOVE AFTER TODAY'S BOTTOM FISHINGMACD about to make 3rd attempt to break above the signal line
IQ- 4H chart about to make bullish moveOutlook:
- 4H chart holding off MA200 pretty well. Those who followed the IQ chart last week on Tradingview has made over 6% at the top of 23.12.
- 4H chart has been supported by MA200 for multiple days
Trade plan:
- Entry: at current level
- Stop Loss: tight SL below MA200
- Target: trendline resistance
IQSupport on .5 Fib Line after breaking down out of triangle.
MFI showing strong signs of reversal. MA Line outside of Bollinger Bands indicating upward momentum.
Possible resistance at .382 or Ichimoku Cloud if it changes with future price action.
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 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
