tradepatiently

QLD Entry, Volume, Target, Stop

Long
tradepatiently Updated   
AMEX:QLD   ProShares Ultra QQQ
Entry: with price above 70.74
Volume: with volume greater than 4.92M
Target: 83.41 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 70.41, 58.90 gets you 2/1 Reward to Risk Ratio.

This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comment:
An entry above 67.30 with volume greater than 3M might get you in sooner.
Order cancelled

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