BrandonMendez

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About me Accountant with an addiction to options trading.
Joined Florida
Markets Allocation
100 % stocks
Top Mentioned Symbols
TLT 33% | 2 SPY 33% | 2 QQQ 16% | 1 AAPL 16% | 1
BrandonMendez BrandonMendez TLT, 30,
TLT: TLT: Triple Bottom
29 0 0
TLT, 30
TLT: Triple Bottom

See notes on the chart.

BrandonMendez BrandonMendez TLT, W,
TLT: TLT: A Cup-and-Handle Formation
43 0 2
TLT, W
TLT: A Cup-and-Handle Formation

The weekly chart for TLT shows a cup-and-handle formation. The handle has retraced exactly 1/3 the distance from the high to the low in three weeks. At this point, the retracement has encountered support from the 20sma. I expect TLT will move upward in near term.

BrandonMendez BrandonMendez QQQ, W, Long ,
QQQ: QQQ: A Bullish Flag
109 1 2
QQQ, W Long
QQQ: A Bullish Flag

The weekly chart for QQQ indicates that we are currently seeing a Bullish Flag. The flag pole formed with the October rally, beginning with the final two weeks of the month. The volume spike, indicated on the chart, confirms the consolidation phase of the pattern. This is followed by a decrease in volume as the consolidation phase continues. The pattern can ...

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