Posted by mirhamedali on 16th of May 2022 at 02:54 pm
This could have been the wave 2 pullback with a larger wave 3
possibly starting now?
With everyone being so bearish this could lead to a lot of
short covering / FOMO, and lots of "upside risk".
I am going long here with a tight stop below today's lows.
Target is 330 area on QQQ
mirhamedali nice clean chart....I will go with the blue chart
wave 4 and then wave 5 down......although I think that wave 4 will
not get that high. The trend is clearly down long term...do (you)
want to get caught holding longs?
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This could have been the
Posted by mirhamedali on 16th of May 2022 at 02:54 pm
This could have been the wave 2 pullback with a larger wave 3 possibly starting now?
With everyone being so bearish this could lead to a lot of short covering / FOMO, and lots of "upside risk".
I am going long here with a tight stop below today's lows. Target is 330 area on QQQ
mirhamedali nice clean chart....I will
Posted by kobie on 16th of May 2022 at 05:00 pm
mirhamedali nice clean chart....I will go with the blue chart wave 4 and then wave 5 down......although I think that wave 4 will not get that high. The trend is clearly down long term...do (you) want to get caught holding longs?