Invesco QQQ Trust, Series 1
Long
Aggiornato

QQQ at range bottom

106
The QQQ is testing the bottom of its range.

Stochastic RSI has been helpful to signal a bottom, once %K goes above %D while testing the bottoms range.

There is also a horizontal support line from the last week of June, which was a breakout to all-time highs.

Risk-reward-ratio is great placing a stop below yesterday's low, and a profit0exit at the top of the range.

Nota
trade worked well

I expect some resistance at $390

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