TQQQ Bounce or Not to Bounce?Flood of US economic data after the long weekend. Greece is in serious bankruptcy 'do-do' so watch out.
TQQQ trade ideas
TQQQ QQQ will the support hold?US data today may sway markets. We are headed lower in the PM. Watch for a possible bounce at the support.
Still holding after positions at this level. Looking for shortIs all on the chart :) Got in at $76.92 now up at a substantial gain at over $10. The only thing that makes sense to do is wait for a short if/when this support level is broken, but in this market? I'm setting up for a downward biased, neutral trade.
Check out related idea for reference, and thanks for viewing!
TQQQ opened bellow Focus Line as it pushes to setup for a buy.TQQQ broke through the two previously established levels of support and past our focus line, we're hoping for some more weakness before the getting in for the bounce.
Watching the Trend Line on TQQQLong term we're overdue for a correction, trading with caution is probably a good idea. Next trade I'm waiting for the price to come closer to or past the trend line in red around $76 at the moment.
TQQQ TECHNOLOGY HAS THE MOST LEGS LEFT IN THIS MARKETThere is very little to say out of all the markets the NASDAQ has the most room to run and the triple q,s have captured quite a bit recently however will continue to accelerate the growth to catch up to the rest of the markets . Put a tight stop at WXT 75.92 which will start a sell like the other stocks I have shown examples of like GLOG GLOP , besides that it is in the above worry range so buy with volume coming back into markets next week we will see multiple points of continued appreciation
BUY NOW! @ $60.80I'm in on the trade @ $60.80! FOLLOW ME FOR THE FULL TRADE RUNDOWN!
View Previous Focus Alert:
SMASHED THROUGH PROJECTED FOCUS AREA!Yea! As I projected at 9:42am the market has headed down past our focus area. Now we're just going out for a fishin'…. Just waiting for an optimal point to buy!… Oh yea, I'll post that Buy Point!… Just follow me :)
View previous Focus Alert:
ps. would love to hear your comment/opinion too!
