SamSuka
The Long Investor
The Long Investor

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$SQQQ

Everything is moving according to the plan here.

$SQQQ has pulled back this week to the 0.5 Fib and held yesterday, $METAs earnings have caused a bounce in the PM but remember, pull backs moves in 3 waves, so this bounce could just be a relief bounce before more earnings come through and we get a retest of the 50 Day Ma again, which is sitting nicely on the 0.618 Fib at $11.10 now.

A hold on the 50 Day Ma and we have our buy signal….likewise a rejection at the 50 Day Ma on the $QQQ and we have our correction confirmed.

Big day coming up.

$SQQQ

Comments

cap hates options

Brian

Hey Captian, how's the next wave 1 looking like? Would like to explore some call options on this

Dillon Lay


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