Comments on: QQQ Rising Wedge Ripe For Breakdown 4-25-25

By: KevinK

KevinK — Sat, 26 Apr 2025 15:35:00 +0000

In reply to stockninja. Type of market to trade by going long

By: Beantowndoc

Beantowndoc — Sat, 26 Apr 2025 01:31:16 +0000

3,2,1, nothing. Maybe Sunday night? and yes, where did you stop out or did you let it run to 472 n change?

By: Imadaytr8r

Imadaytr8r — Fri, 25 Apr 2025 17:35:01 +0000

Randy, what’s your stop on the ascending wedge?

By: hotrodricky

hotrodricky — Fri, 25 Apr 2025 16:25:06 +0000

In reply to rsotc. Where is the next overhead resistance?

By: stockninja

stockninja — Fri, 25 Apr 2025 14:55:26 +0000

It’ll be interesting to see what truly brings this market back down. I dont see any news that we already haven’t heard that would gap down the market. Earnings seem to be the same for all companies: 1st quarter strong earnings, giving a cautious forecast for the year blaming tariffs, then market brushes that off. Such a frustrating market to trade in. Good luck to everyone.

By: junkie

junkie — Fri, 25 Apr 2025 14:04:20 +0000

In reply to rsotc. thanks, @randy. I am watching /NQ futures.

By: rsotc

rsotc — Fri, 25 Apr 2025 13:57:01 +0000

QQQ uptrend line/wedge pattern broken with the next & confirming sell signal to come on a break of the BOD price support just below around 464.80. Also, corrected the typo in the original post to correctly read: “…support is support until & unless broken”.