IQ seems to have little downside.IQ Trend line seem to point to either today's low as low or it might test low of Bollinger Band.Longby gbtstk1
IQ support bounceLooking at the chart of "relatively hot" IQ, seems there is support in the $30.60 range in the last 6 trading days. With stochastic oversold, and IQ price hitting limit order of $30.60, expecting small bounce to 13-day EMA at 33.75 for a $3 win (almost 10%). That is target #1. Target #2 is to continue the momentum and hit $37.50 or so for a 20% win. MACD is still positive (but dropping). We will see how the trend goes. Stop loss at $28. Again this is a momentum stock, so expect some volatility on this one. Good luck out there! Longby DennyPUpdated 3
IQ options tradeBat Jr. was talking about this stock (on the show) as well as Benji in the Tasty Trader's chat. I normally shy away from riskier stuff but with too much on the sidelines right now I will dip a toe for this Chinese start up. Collecting a little over a buck to initiate the trade and a five dollar wide embedded vertical means my break even in this stock is 24 for the next 98 days. Options prices are really jacked in this stock and I was considering collecting $10 for a buy/write out til December but decided to play it a little closer to the chest. Wish me luck, I will need it for this one.Longby dluxe23Updated 227
$IQ Oversold at Support - Hammer Candlestick$IQ expecting a bounce in the near term. Break through the 50d ema will be key. Looking like a possible down trend breakout followed by eventual retest of that line today. I'm bullish near term.Longby Triple_Barrel_CapitalUpdated 113
IQ (elliot wave with ABC correction)IQ is ready to go again. It's a young Chinese stock, apparently the Netflix of china with better features and we all know how Netflix is doing. Longby IrvingAlexisUpdated 334
IQ - Short Term BearishComparing to BABA in beginning of 2015, I think IQ will begin to make lower lows. Be quick on the bearish swing trades, because I am bullish longer term.Shortby kdubbw126
IQ Finally dippingStock has had more than a 30% pullback, Look for the stock to consolidate around the $30 mark and then move higher. #buythesalsaLongby RickyCadan667
Where I'd like to buy IQ againFinally IQ has seen a nice dip most likely due to profit taking on the online retailer sales tax news. My guess is she continues a bit lower, especially if the low of June 15th's candle ($37.57) is taken out. Here is my current plan to initiate a new position on the way down. Longby brianweberUpdated 998
IQ - IQIYILong IQ after the break back above support here. Long Aug17 $25 call/Short Jul20 $41 call for $9.55. Stop: $33.50 Target: $41.00 Longby BenjiUpdated 226
IQ Possible LevelsThis is my first chart, and wont be my last. All of my ideas are never legal advice, and I wouldn't recommend investing any money you cannot afford to loose physically and emotionally. Any constructive advice is always welcome, as I stay open minded to any possibilities. I want everyone to win! Im going to keep it as simple as I can. This is the Daily Timeframe With that said, IQ looks to of hit a wall at 46. Looking for a safe long re entry and pullback to 24 area. Although it may hit 40 again before falling lower. Next possible Short term bounce @ 28 - 31 As it looks today, it has bounced off the 618, but I can see it consolidating until end of july maybe august. You can also see the momentum has changed for the first time since the 21st, short term bearish. Ill wait for momentum to change bullish before re looking at this situation. With barley any time on the market and no data, trade with caution. I believe IQ had a great future.Shortby ToddGreenUpdated 2
Correction Nearly Over - Long for IQBollinger bands at set at 45min intervals for a 30 day trend period RSI indicates oversold with a possible buy surge but also not predictive/consistent. MACD indicates a buy with the MACD line above the EMA but it may cross which supports further losses on Monday 25Jun2018 to a low of $31.69 until cross confirmed. Trend lines indicate that surges on the resistance line went 12 days, 7, 9, then 4, then fell. Should now be seeing a rapid correction over 4-9 days based on this. We are on day 5. Current correction stabilizing will eventually reach $34.52 based on prior trends for the support line pre-correction. Meaning if it were to continue without the overbought correction, then this is what the support line would have held it at. However, we will continue to see a drop until the correction occurs and accounts for the breaking of the resistance. This will occur between 25-28Jun, but I expect on 25Jun due to the rapid correction over the last week. Conservatively, I am anticipating an equal break in support to occur over the next 1-2 days and the correction will be over. On 25Jun2018 we will see a reversal at $31.69 due to this correction (area of the triangle used to balance for the correction). 7-8 day cycles again for the support line trends going forward. Correction will stabilize on 03Jul2018 at the predicted support line of $34.52. Trend to continue pre-correction. Long. Looking forward to reaching $40.00 again on 20Jul2018. Up from there. Slow and steady. by rutabaggaa4
IQ to consolidate in larger wedge pattern before moving higher? Looks to me that $IQ will consolidate for the next few weeks in a larger wedge pattern. The stock has doubled in a short time, now it needs a break for the next move up. I believe major support will be found at $34.50, and where I have a buy order at. Then it will trade within this wedge pattern before making the next $15 move up. Longby jkaspar113
IQ Holy Grail buy on the DAILY forming... Linda Raschke setupMarket 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)Longby AtticusRex4