QQQ Long on hourly chart Long

Invesco QQQ Trust, Series 1NASDAQ

Description

⋅ Apr 22, 2021 3:38 PM

QQQ is showing Long signal on RSI of MACD and RSI of VWAP strategies.

when it shows on more than one strategy , it is strong signal.

Yellow color on the chart is from RSIofVWAP , blue color on the bottom chart is RSIofMACD.

Trade active

⋅ Apr 29, 2021 6:09 PM

After the entry signal it fallen off and went up to 109 and down went up to 111 , again down ...
Looks like it is rollercoaster ride ...

As long it is not hitting the stop loss trade will be active.

Comment

⋅ Apr 29, 2021 6:11 PM

Oops I have entered the price for TQQQ ...

Please read on the current chart for QQQ

Stop loss is at 321

Comments

stonkasaurusrex

⋅ Apr 22, 2021 8:28 PM

Ironic that it tanked as soon as this was posted. Still feel the same about tomorrow?

mohanee

⋅ Apr 22, 2021 8:32 PM

@stonkasaurusrex,

if you look at the previous signals, it never went up in a straight line. Always pull back and moved up.

Iam still optimistic that it would go up

If rsiofmacd line (blue one in bottom indicator) goes below 30 or 3 percent stop loss hits , till then it stays in the trade.