QQQ: Long Setup
The daily chart shows that price is at the 21 EMA
which is likely to act as support.
And on the hourly chart, price is coming to test
a support level around 335. Today, just printed
two low volume sell bars near that the 335 support
level.
A good entry price would be between 335-336. I would
place my stop at 332.60 and my profit target at 342. I think
it could go past 342 but it would depend on how the next 10-15
bars look. 342 still gives you a decent risk reward ratio.
(Note: This is not a trade I'm personally taking right now
because I have other trades going on but this is a logical
and compelling long to take.)
which is likely to act as support.
And on the hourly chart, price is coming to test
a support level around 335. Today, just printed
two low volume sell bars near that the 335 support
level.
A good entry price would be between 335-336. I would
place my stop at 332.60 and my profit target at 342. I think
it could go past 342 but it would depend on how the next 10-15
bars look. 342 still gives you a decent risk reward ratio.
(Note: This is not a trade I'm personally taking right now
because I have other trades going on but this is a logical
and compelling long to take.)
ملاحظة
In the overnight price dropped a bit. I would enter at or around 333 and put mystop at 331. Target price of 342 still the same.
أغلقت الصفقة: تم الوصول لوقف الخسارة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.