Top 5 Weekly Trade Ideas #2 - QQQ Triangle

٢ ديسمبر ٢٠٢٤

QQQ opening near the top end of its triangle. Looking for a break above which should lead to a move up to ATH. We also have a longer term trendline that will be potential resistance shortly above. If we can clear all of that, I'd look for a rejection at ATH for a potential long on the trendline retest as shown above.

If it can't break, downside target would be the gap fill below.

٤ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

Big time triangle breakout to make new all time highs. Watching the $515 area for another long.