When (QQQ) Moves Investors should Listen
January 22, 2025, 22:40 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for QQQ
- Buy QQQ near 517.88 target 538.92 stop loss @ 516.38 Details
The technical summary data tells us to buy QQQ near 517.88 with an upside target of 538.92. This data also tells us to set a stop loss @ 516.38 to protect against excessive loss in case the stock begins to move against the trade. 517.88 is the first level of support below 531.51 , and by rule, any test of support is a buy signal. In this case, support 517.88 is being tested, a buy signal would exist.
- Short QQQ slightly under 538.92, target 517.88, stop loss @ 540.48 Details
The technical summary data is suggesting a short of QQQ as it gets near 538.92 with a downside target of 517.88. We should have a stop loss in place at 540.48though. 538.92 is the first level of resistance above 531.51, and by rule, any test of resistance is a short signal. In this case, if resistance 538.92 is being tested, a short signal would exist.
Swing Trading Plans for QQQ
- Buy QQQ slightly over 538.92, target n/a, Stop Loss @ 537.36 Details
If 538.92 begins to break higher, the technical summary data tells us to buy QQQ just slightly over 538.92, with an upside target of n/a. The data also tells us to set a stop loss @ 537.36 in case the stock turns against the trade. 538.92 is the first level of resistance above 531.51, and by rule, any break above resistance is a buy signal. In this case, 538.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QQQ slightly near 538.92, target 529.62, Stop Loss @ 540.48. Details
The technical summary data is suggesting a short of QQQ if it tests 538.92 with a downside target of 529.62. We should have a stop loss in place at 540.48 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 538.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for QQQ
- Buy QQQ slightly over 534.27, target 538.92, Stop Loss @ 533.02 Details
If 534.27 begins to break higher, the technical summary data tells us to buy QQQ just slightly over 534.27, with an upside target of 538.92. The data also tells us to set a stop loss @ 533.02 in case the stock turns against the trade. 534.27 is the first level of resistance above 531.51, and by rule, any break above resistance is a buy signal. In this case, 534.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QQQ slightly near 534.27, target 529.62, Stop Loss @ 535.52. Details
The technical summary data is suggesting a short of QQQ if it tests 534.27 with a downside target of 529.62. We should have a stop loss in place at 535.52 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 534.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Invesco Qqq Trust (QQQ) available here: QQQ.
QQQ Ratings for January 22:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
494.65 |
P2 |
529.5 |
512.48 |
517.88 |
P3 |
534.27 |
529.62 |
538.92 |
AI Generated Signals for QQQ
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Invesco Qqq Trust (NYSE: QQQ) report below is a real world example. Included are trading plans for QQQ, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for QQQ: