AtticusRex

IQ Holy Grail buy on the DAILY forming... Linda Raschke setup

Long
NASDAQ:IQ   iQIYI, Inc.
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction.

Setup invalid below daily EMA (34.31)
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