ClearValue Team Insights
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QQQ Hard Drop Into Support
$QQQ has dropped from $442 to $430 this week, and is currently below a key light blue trendline. I think QQQ could rebound here and remain above the support level around $432. For now the price is below support, and I would monitor for a rebound back above the light blue trendline. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSQQQ Reached the First Price Target
$SQQQ has reached the first price target. The price action is bullish, but I think there could be a pullback with some resistance at $11.90. The markets are shaky right now and there is panic selling taking place. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreQQQ Retests Light Blue Support Line
$QQQ has been gradually declining over the past few weeks as well. QQQ has just retested a light blue support line, and bulls need to defend this price level here as well. I would monitor for a potential rebound with support around $432-433. ChartChamp socials: https://linktr.ee/realchartchamp
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