Helloo traders, here is my analysis for the triple Q chart and I believe it will continue growing steadily in the long run but it’s volatility will keep being higher than previous years as it was this year. I believe if the stock market doesn’t crash in the upcoming early 2022 crisis stocks will survive:)
Hey all!
As you see in the chart, a BEARISH BAT Pattern has formed and overstrecthed to the point where it is close to invalidation. THIS TRADE IS DEFINITELY YOUR CALL IN TERMS OF RISK-TAKING. MY personal opinion is pattern is still valid and stretched to the point where it makes risk-to-reward ratio even better. Since the pattern is over-stretched, it is easier...
14, 30 weekly setup on QQQ looking back at it.... chart...
For extra speculation, I added AMZN and noted it is 11% of the QQQ
If AMZN has cooled and moves back to ATH along with other tech strong names... we could see ATH on the Q
We filled lower gap levels, which indicates further launch incoming if buyers stay the course..
I think everybody wants to own...
