I don't like thinking "short" when you're at "ATH", but a pullback is in order here for QQQ "at some point". Ideally I would like to minimise risk by waiting for 123.50-124.00 (if at all possible) to start the short. The current inner structure suggests a little bit more upside so patience here is key. Volume will be the key indicator for entry.
The FANG stocks only start to report their earnings as of mid January, with NFLX being the first. GL
The FANG stocks only start to report their earnings as of mid January, with NFLX being the first. GL
Note
FANG stocks: FB AMZN NFLX GOOGTrade active
Started a 1/2 position @ 122.50Trade active
Added another 1/2 @ 124.10. Stop at 125 and some change. GLTrade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.