Trading (QQQ) With Integrated Risk Controls

June 07, 2024, 10:10 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Invesco Qqq Trust (NYSE: QQQ) report below can help you, but we have more details too. The trading plans for QQQ, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for QQQ

• Buy QQQ slightly over 449.94 target 469.96 stop loss @ 448.64
• Short QQQ slightly under 469.96, target 449.94, stop loss @ 471.32

Swing Trading Plans for QQQ

• Buy QQQ slightly over 469.96, target n/a, Stop Loss @ 468.6
• Short QQQ slightly near 469.96, target 461.7, Stop Loss @ 471.32.

Day Trading Plans for QQQ

• Buy QQQ slightly over 462.94, target 467.89, Stop Loss @ 461.86
• Short QQQ slightly near 462.94, target 461.7, Stop Loss @ 464.02.

QQQ Ratings for June 07:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	428.79
P2	462.94	451.35	449.94
P3	467.89	461.7	469.96

Support and Resistance Plot Chart for QQQ

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