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AwesomeAvani

QQQ Uptrend BULL bias

Long
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
AwesomeAvani  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Chart Patterns Technical Indicators QQQ TQQQ bullrun profile Supply Zone supply_and_demand
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trendanalysis chartpattern indicator qqq tqqq bullrun profile supplyzone supply_and_demand
From the Daily Chart, QQQ is now in an uptrend above

the support of the daily SMA 50, 100, and 200 in somewhat of an ascending wedge pattern.

Distant support is the buy order zone while distant resistance is the

sell order zone above. Immediate ( and breakable ) resistance is

the POC of the volume profile.

I conclude that QQQ is in a sustained up-trend that could be entered

using a stop loss set just below the SMA 200 on the chart in blue.

What is your opinion? QQQ Please comment.
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