long BUTI want to be crystal clear.
I´m long this stock, but I don´t think we are going to see a lot of buyers tomorrow.
However, as nothing has really changed, it should hold the line, but I wouldn´t expect a huge volume.
IQ trade ideas
IQ 15.07.19 LongAsset and Time frame - IQ, Daily & 4H
Entry Price -19.27
Exit(Stop Loss) -18.80
Exit(Take Profit) -21.90
The range between SL and entry -0.47$
Technical Analysis -Daily chart made a bullish engulfing candle, price reacted to the 61.8 Daily Fibonacci, on the 4H chart price reacted to the -61.8 Fibonacci level and about to react to it again, the price couldn't break the corrective trend line,I placed a Limit order at the price of 19.27 in order to get the maximum from this trade,RSI on 4H and Daily did not reach below 40 level.
Why not enter the trade -The price already reacted to the -61.8 level.
What direction does the market move -Bullish
What can be improved -
Conclusion & End of Trade -
Long IqTradingView
Open position at $18.5
Stop loss at $17.5
Take profit at $20
Why this play?
As much as i would love to see a triple bottom for a long, I'm not sure we would get it. The china related stocks has been very beat up, especially IQ.
I have a seen a few of them reversal off already but iq hasn't really reacted much yet.
if we expect positive news on china trade deal, this would be a pretty good stock to go on long.
IQ - Long idea for the next two months.From watching it for a while, it seems to find a bottom.
Share your thoughts.
Bullish flag - double your moneyLong $IQ
Regardless of the trade war, I don't think this is a long time winner.
MACD shouts BUY
IQ - Bullish attemptIf IQ opens gap down below support area tmr due to the S&P 500 future, the plan is invalidated
IQ- BULLISH MOVE AFTER TODAY'S BOTTOM FISHINGMACD about to make 3rd attempt to break above the signal line
IQ- 4H chart about to make bullish moveOutlook:
- 4H chart holding off MA200 pretty well. Those who followed the IQ chart last week on Tradingview has made over 6% at the top of 23.12.
- 4H chart has been supported by MA200 for multiple days
Trade plan:
- Entry: at current level
- Stop Loss: tight SL below MA200
- Target: trendline resistance
IQSupport on .5 Fib Line after breaking down out of triangle.
MFI showing strong signs of reversal. MA Line outside of Bollinger Bands indicating upward momentum.
Possible resistance at .382 or Ichimoku Cloud if it changes with future price action.
IQ On New Support TrendAfter Pulling Back We Have Established A New Support From 3/27 low of 22.70. Use Support as current stop!
IQ and the 5 point turn!!Maybe its because its: 1. the first green H.A. trend candle in the last 10 candles. 2. That all three oscillators (Stoch RSI, RSI, CCI20) are turned up showing the big bottom turn. 3. That we see the turn on a major support area. 4. That we are still well above last years high (blue line) so we can use it as a good stop at 21.70. 5. Even with the pull back and consolidation we are well over 50% up this year. Sounds like a good 5 point turn to me. Yet Laying all that aside, I just wanted to point out what a great day IQ had running up 5% today. That was a nice 5% turn indeed. Will very likely be 15-20% by next Friday easy, if IQ does its thing!
IQ at support level -- several indicators confirming(RSI, 14) is on a higher low, trending up @36.3
Stochastic RSI on a high @97
Bollinger bands on a 1h time period are reaching a squeeze.
SMA is starting to cross the middle Bollinger Band.
This is the trade I would make:
Entry: 22.8
Long: 23.8 (+ 4% )
Short: 22.15 (- 2.85% )
RRR: 1.54
IQ Looks ready to rally$IQ looks like it's ready to start a new rally. I'm looking for it to pop out of the Ichimoku Cloud. It has bounced off of the recent down trend line and looks to be headed back to the longer term up trend and emerge from the cloud. Once it does these things I'll likely open a starter position.
IQ Has Consolidated And Is On The Move Again!!After pulling back it has retested the 25.50 area and is making a great bottom turn here. All indicators are cranking around and its moving fast!
