The ETF
CQQQ
presents a great opportunity for a bullish move to around $55.80.
As it broke out above a bullish flag, and there is a nice ascending trendline, we get a good Risk/Reward ratio going into the next price cluster. We can put the stop loss below the previous resistance and the ascending trend-line.
CQQQ
presents a great opportunity for a bullish move to around $55.80. As it broke out above a bullish flag, and there is a nice ascending trendline, we get a good Risk/Reward ratio going into the next price cluster. We can put the stop loss below the previous resistance and the ascending trend-line.