bluespark96

QQQ Impending Bounce?

Long
bluespark96 Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ is stalling at intersection of prior resistance and bottom of bear channel. This cold be a flag pattern about to break to the upside after good momentum the last few weeks.
Comment:
Got the swing bounce to the top of the channel and took some profits. Moved other stops up to breakeven. Still bullish until market PROVES otherwise by breaking beneath the lower channel line and monthly pivot point. (black line)
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