QQQ forming Head & Shoulder Pattern on daily time frame
As per analysis I marked 3 target, easily May get but last one has to check for movement..
Queue is up now. Let's see it reach reaches the take profit or not.
TD DEMARK sequential indicator flashed a buy setup TD9 Previous TD9 on H1 caused the reversal So, minor pullback to kijen sen is possible In addition, the difference between Kijen and price is around 8usd which also makes the pullback plausible. Stochastic is also at extreme and attempting a bullish crossover. Monday and tuesday may see some short covering upto...
looks like this stock will test the following supports
If we open where things are at as of (Sunday night), looking at lower targets of $335 and $329 this week.
QQQ seems to be a Long trade above 329 with Stop-loss of 317 and a Target of 345. One can look in to Long trade only if it crosses 329. This is for education purposes only.
Key Levels for QQQ INVESCO for INTRADAY TRADING are : Upper Breakout~184.80 First Target~186.10 Interim Resistance~187.70 Final Resistance~189.50 **Lower Levels** Lower Breakout~182.25 First Target~181.30 Interim Support~179.95 Final Support~178.90 Please trade with caution and consult your financial adviser before trading.