QQQ
Saw this and i thought it was interesting.
We have 1 pattern which is very bullish, the inverse head and shoulder.
Then on the other hand, we have the Bear flag.
Both perspectives look tempting and there's plenty of argument for both sides.
But only time will tell.
The best play in this situation? play both sides and open a short term put and long term call position.
If it's going to drop, it would be in this area. if it isn't dropping then we are flying.
Good Luck!
We have 1 pattern which is very bullish, the inverse head and shoulder.
Then on the other hand, we have the Bear flag.
Both perspectives look tempting and there's plenty of argument for both sides.
But only time will tell.
The best play in this situation? play both sides and open a short term put and long term call position.
If it's going to drop, it would be in this area. if it isn't dropping then we are flying.
Good Luck!
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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.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
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.