Open minded near term, no predictionsnews support picking up, nice progress for bulls----but one step at a time, needs to test trend line, break above, form a higher low that closes and holds
IQ trade ideas
IQ short term downI think IQ will continue to head lower short term to complete the point C of the corrective way
IQ Update to Original chartNASDAQ:IQ
I used the wrong candlesticks previously, still long, and currently hold position.
There is still potential based on current news as well as company performance.
escape from IQlet's see if i can get out of IQ cleanly...
i currently hold 200 shares w/ cost average of 34.82. if i pickup another 100 @ 29.06, it will put me @ a cost average of 32.90. if i extrapolate the ipo of BABA, i think it will get back up to the 33.56 area before going lower, let's see if i can close out near there.
will it work?
IQ bearish Options PlayThinking IQ will have one more pop into some moving averages before rolling over and declining further. I'm reading the closing under the 50 ema as a sign of weakness. Will hold puts until the $20 support level.
IQ preparing for launchWith a reasonable ER and chart looking primed, I am continuing to build my long position in this area. Ive kept plenty of dry powder for a drop to the 29 region and will load heavy there. A stop below the lowest order block provides an excellent R:R for buying here. Maybe I'm being naive but seeing instituitons downgrade IQ seems like a contrarian indicator to me as well. Lets see :0)
Happy Trading!!
Where is the bottom?Will it jump off the support line and break out of the wedge? Positive divergence on MFI. CCI looks oversold. Whether this keeps falling or goes up from here, IQ is a long term hold and will return big profits.
IQ breaking down $IQbroke fib support
volume profile indicates that it can easily go lower and more resistance to regain price in the lower to mid 30s.
IQ OutlookNASDAQ:IQ
There is potential growth in the company, and though recent numbers still show a company that is in its early stages, the company reported good sub numbers.
I think there is potential, but must probably reach the 27 level first before possibly turn around, but with recent selling, it is hard to gauge how the market currently is feeling.
IQ - Further down trend in the vicinitySeems like IQ will be going down till End of August. Expect a pull backup in Sep.
IQ still bleeding out Still overvalued and going down, very close to breaking support and the next flush down. Negative reactive to earnings, very bearish under 9, 20 and 50 dma's. If you like the stock long term better prices are coming.
in detail what will happen, this is how institutions trade.Upgrades/Downgrades they publish to reach these levels and any other news... :)
Stock is so technical,perfect setup for a great ER and blast off.. If ER is bad going below 30 easy.
