QQQ to $260
After a brief 2 day rest, QQQ looks to continue bearish run as it still remains below daily moving averages.
We just had a hourly 13 EMA/30 SMA crossover, which confirms a sustained bearish move.
Our intermediate target is $264 but we're really shooting for the previous low of $260 from 2 days ago.
We just had a hourly 13 EMA/30 SMA crossover, which confirms a sustained bearish move.
Our intermediate target is $264 but we're really shooting for the previous low of $260 from 2 days ago.
Trade active
We hit our first target at $264. $260 is next after some retracement.Trade closed: target reached
Hit our final target at about 260 this morning. Hope you did well. I closed out those put options that yielded a 100% return for me.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.