QQQ/TQQQ going for all time high. Opinion and whyHigh bearish sentiment, plenty of cash and a short squeeze
TQQQ trade ideas
New Idea for this week... Instead of doing paperwork.. I find myself looking at stock charts. (have to stop doing that!). I may take this one........ this is going to show up on my radar more. I am so sorry I didnt even think of this one this week.
Lets see if we can hit that green box. I am looking for a bullish start to kick off the week. I think we might be able to make it there. Stop losses are a must in case it's wrong, especially in the case of a leveraged ticker. This will degrade quickly, you do not want to be stuck holding onto any ticker in a long position during a bear market but especially a leveraged one.
Bearish momentum should stay (TQQQ)Rsi needs to bullishly diverge further, so the drop in price should be larger. There's really little room to judge this as a lower low that could hold. Around 40 is an area that might induce bullish activity. I wouldn't look for a long entry right now, but there will be one eventually. This is damage that will last up to the monthly.
Vwma has turned down, and qqe is still short.
this is big (TQQQ)i see a full recovery if broader market bulls can continue this turn around. should we find ourselves in a position where melt up is taking place, i think we have no choice but to go with that. the daily picture is shaping up in bulls favor, but the smart thing to do is wait for confirmation of the trend change.
approaching last line of support 🚨tqqq rejected off the trend resistance plenty of times just like spy and qqq, now its approaching last line of support at 48 level, if it breaks below look for a test of 35.41 in the near future.
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Watching $TQQQ for entryWatching $TQQQ for entry
Ok… watching TQQQ for a swing…
Target 1 48.17
Target 2 (add) 43.90)
Target 3 (double) 40.46
This should produce a nice swing, especially if all 3 hit.
I will update with sell targets once I take a position.
GL
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
TQQQ - Bear Flag PatternIt seems like TQQQ is forming a bearish flag pattern and can expect a downtrend if completes.
Market is already fragile and may have accelerated sell off with aggressive FED move to curb inflation and/or Ukraine-Russia border crisis turning into an invasion.
Not a financial advice. Please do your own DD.
ETF Strategy - Monthly return result (JAN 2022)Monthly return (JAN 2022): -25.65%
SMTMI Strategy YOY : 37.69%
January 2022 shows a significant drop but with our long term strategy, this gives good entry opportunity with DCA program
TQQQ rinse and repeatrinse and repeat. buy at 55s and sell at 59.50
either options or buy and sell :)
Long - looks ready for a leg upLong here based on my VIX and Indexes TA.
I am not an advisor or professional - so trade your own strategy and do your due diligence.
Money in the market is made with an overall strategy and NOT in one trade.
If you don't like this idea - be respectful and share your own ideas to enlighten.
From the basement.... Peace.
Technical analysis ProShares UltraPro QQQ (TQQQ)ProShares UltraPro QQQ (TQQQ)
Limit buy: 1№- by market, 2№- 57,65$, №3 - 57,0$
Target: 75,50$
Risk/Reward Ratio: 6,49
Stop-loss: 54,90
$TQQQ Weekly chart$TQQQ Weekly chart
If this hits 66.72… I’m short the entire market
Let’s go, y’all… whatever happens… it’s just another day on wall st…
I’m holding that we’re only halfway down…
Let me know your thoughts!!
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
consecutive forecast for weeks ahead (TQQQ)i think we will see a lower high, followed by a lower low, but we will stay over the .382, and then continue higher
every period of volatility that dried up quickly or was extenuating in nature was v shaped, and every period that was more exaggerated or corrective in nature was cypher shaped.
we could bull cypher with a touch of support, but if we break it things will get much more serious quite quickly. if we break the 0 of extension the picture will clear up greatly for nasdaq bulls.
sundays session should be bullish continuation, and we should open higher monday and then begin the flush to new lows middle of the week of the 6th, unless we immediately continue higher over 59
$TQQQ Trade update$TQQQ Trade update
All 3 average down targets were hit from the last trade setup and I bought at every level...
New average 55.89
New sell target 66.72 for 19.38%
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
TQQQ SHORTHello traders, according to my graphical analysis of TQQQ, there is a high probability of a decline towards 38-37 suppot level.
thank you for watching the analysis, it will be great when you support it with a like, follow me for more market analysis.
Short $TQQQ $144.07Short $TQQQ $144.07. Heavy sell off in named technology stocks pulling down $TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart.
nasdaq futures at resistance, could beat it (TQQQ)this is simple. were at the major resistance in nasdaq furures. if we stay over the .382 of fib trend extend we will probably bull flag, and this could mean we see the 0 of that pattern quite soon (around $55.94)
stop loss around 52.89 as this would mean we need a retest of major support.
Technical analysis (TQQQ)Limit buy: 1№- by market, 2№- 51,5$, 3№- 49,8$
Target: 75,50$
Risk/Reward Ratio: 6,86
Stop-loss: 48,0
TQQQ Trade idea for this weekif 48.20 holds off the open, I will be looking to go long off of a retest of the area.
There are two levels of resistance that may make this more of a swing trade if we barcode in consolidation or capitulation.
Lot's of earnings data this week and Wednesday Fed, hawkish stance.
MSFT had some negative action after market with a host of other Blue chip tech reporting soon
AMZN and many others looking bearish, looking for bottoming signs...
I will be keeping a very tight stop on this trade, as I am more Bearish than Bullish and will most likely also be playing the SQQQ
TQQQ: UPDATE - Time to load up again!!I have started buying this chart again, and will look to average a decent position over the next few days. These are the levels that I think are noteworthy. Good luck bulls, let's go!!!! I'm relying on Fib, MA, RSI and MFI...Soft stop under the 37 area... (lol the Russia news is BS)
May recover till $65, but then again fall around $4515 to 20% fall of index, is around approx 45 to 60% for TQQQ.
i.e. 45 to 35 ~looks bad. I hope it does not get there.
Not likely to go below 35. If it does, that means we are looking for recession in 2022.
TQQQ Long OpportunityWait for TQQQ to bounce around on support and use it's leverage to get a fantastic gain over the course of a month and a half or so. You may have to wait until after the FOMC meeting for a real change in direction but this is a great discount on leverage. Basically hold until you hit some kind of resistance, may take 3 weeks to get there after support is found.
