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$QQQ tightness $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi #technology

April 18, 2021 Comments off

The most important question in trading/investing is “How much are you ready to lose?”

Once you have a firm answer – a good stop-loss makes the difference – trading and investing become more rewarding and everything starts falling into the right places.

QQQ Tech ETF  ($QQQ) daily

  • (+)   4.65% to the stop.
  • (!)  Tired.
  • (!)   Negative divergence price :: haDelta.

QQQ Tech ETF  ($QQQ) weekly

  • (+)   Bullish price formation at the top.
  • (+)   A perfect trailing-stop keeps us on the right side of the trend.
  • (!)   haDelta confirms that QQQ displays signs of a plateau.

QQQ Tech ETF  ($QQQ) monthly

  • (+) Positive haDelta signal: more upside is expected.
  • (!) Negative divergence Price :: haDelta.

More Juice but At Resistance $QQQ $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi #technology

April 11, 2021 Comments off

The most important question in trading/investing is “How much are you ready to lose?”

Once you get the answer – a good stop-loss makes the difference – the vision becomes clearer and everything starts falling into the right places.

QQQ Tech ETF  ($QQQ) daily

  • (+)  Inverse Head-and-Shoulders.
  • (!-)   At resistance. $QQQ is expected to turn back and consolidate.
  • (-)   haDelta confirms the resistance.

$QQQ Heikin-Ashi daily chart

QQQ Tech ETF  ($QQQ) weekly

  • (+)   Bullish price formation.
  • (+)   A perfect trailing-stop keeping us on the right side of the trend.
  • (+)   haDelta points to more upside.

$QQQ weekly Heikin-Ashi chart

QQQ Tech ETF  ($QQQ) monthly

  • (+) More upside is expected.
  • (-)  Positive haDelta signal.

$QQQ monthly Heikin-Ashi chart

(Follow-up) Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN

February 2, 2013 Comments off

 

  1. haDelta reversal + crossover at support
  2. A heikin-ashi reversal candle (Note: Use any trailing-stop to protect against grey swans)

 

Follow-up: Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN 2/1/2013

The Ambiguity of the Technology

April 26, 2012 Comments off

No doubt that technology is the sector which will continue to outperform the market.

Short-term, its strength (bullish island reversal) is capped at the previous March high.

haDelta shows clear resistance and support levels.

 

You Can’t Stretch the Rubber Band Too Much

April 18, 2012 Comments off

Again, the typical heikin-ashi setup on this monthly chart:

  • Price: the best scenario would be to finish the month at the historical high (less probable)
  • Heikin-ashi: still bullish and roaring (we also know that this chart is lagging at reversal points)
  • haDelta: self-explanatory and far from rosy

Conclusion? Let’s forget about AAPL for some time.

You Can't Stretch The Rubber Band Too Much 4/17/2012 AAPL

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