TradingView
ttrending
Mar 23, 2021 5:09 PM

QQQ Inverted Head and Shoulders Long

Invesco QQQ Trust, Series 1NASDAQ

Description

QQQ is currently forming an inverted head and shoulders which gives QQQ a target of around $352 IF it breaks out above the neckline which is located at $325.

This pattern looks very textbook so far, but it's important not to assume the neckline will break to the upside. The best entry would be on the retest of the neckline break with an entry of around $325.
More