miketse

miketse

Hope it bounce so that I can short it... but you never know..look at XOP chart no bounces at all.

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Trade triggered if QQQ closed below 91.55

miketse

Trade is triggered if QQQ close below 91.55

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If QQQ drops below 12 mths average (now at 91.55), this has a good chance to play out. Sit tight.

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If not this goes o lower trendline

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Triangle setup. Guess earnings will determine the direction.

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It could test lower Trendline.

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Will this play out during earnings? Below 12 mths MA. A sell signal for passive investors. Attempt to close above 12 months MA failed in the last 6 months

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Make or break time. Can earning support the Tech stocks?

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Is this the end of QE effect?

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See chart

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Prefer Short with tight stop loss. If QQQ went below 98.79, will retest low at 93.89. Alternative, if QQQ went above 99.47, to retest high of 100.56.

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FB is within a smaller rising wedge and a bigger rising wedge. Below average volume on rebound. Though price went up strongly. Short term correction likely before earnings. Risk reward favor short if QQQ drops.

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Stock perform positively with earning result. Passport well received. Check for HIGHER HIGH or alternatively HIGHER LOW. Trend line must be supported

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BABA short term bounce or reversal? See chart

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As per chart.

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Previous 2 bounce reach around 76% of fibo. Check for support above 330 and higher high.

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Prefer to the H&S formation