Pages

Tuesday, March 13, 2012

QQQ update 3/13/12

QQQ gapped up and went to new highs today. Unless it really surges in the last 40 minutes it will still be on a MACD sell. It is very likely to give a buy tomorrow, but the risk is quite high right now. The stop is 64.37 which is a risk of 2.5 %. A test of the gap or the old high in the next day or so with a MACD buy signal would be a safer entry point.
Happy trading.

No comments:

Post a Comment