For me it is showing a clear head and shoulders pattern. This would indicate a continued bearish trend. The blue line shows head to shoulder line price movement which should give price target for the drop - marked by the grey horizontal area. Bottom line is that the floor is sub $3
Classic double top pattern which usually means the price action will go lower.
This coupled with the macro economic events of bear market continuance, recession and inflation is all confluence that the QQQ is heading lower.
Info only, not advice
Double top pattern has formed. Likely to drop through first level of support. It will then retest this level and confirm as resistance o support last that level. Once broken through, likely to bounce on 0.618 level and then drop to the next level of resistance at 92.
Info only, not advice
Bullish MACD on the daily
Potentially on wave 3 uptrend
Bottom of wave 2 was wave 1 retracement of 0.618 to the tick
Targets in blue for 1.618 and 2.618 levels
Info only, not advice
Ascending triangle and consolidating nicely
MACD turning bullish and price at key resistance level now
Looking for it to break out in the next few days / weeks.
Info only, not advice
In a strong uptrend and at the bottom of the range, consolidating and likely to jump from here.
Stop if trend breaks on red and blue targets at fib levels on whole uptrend movement
Info only, not advice
Seems to be in an uptrend channel following the WSB pumping.
Stop if breaks to the 50 MA line.
Otherwise, targets at the 1.0 and 1.618 level
Info only, not advice
Social arb play from Dumb Money. Thesis based on TAP linking up with Dwayne Johnson to distribute his new energy drink ZOA as well as Topo Chico in the US.
No trending on the chart, one to watch for the next few months to see how this plays out.
Stop set under lower lows as protection
