Finally IQ has seen a nice dip most likely due to profit taking on the online retailer sales tax news. My guess is she continues a bit lower, especially if the low of June 15th's candle ($37.57) is taken out. Here is my current plan to initiate a new position on the way down.
Long IQ after the break back above support here. Long Aug17 $25 call/Short Jul20 $41 call for $9.55. Stop: $33.50 Target: $41.00
This is my first chart, and wont be my last. All of my ideas are never legal advice, and I wouldn't recommend investing any money you cannot afford to loose physically and emotionally. Any constructive advice is always welcome, as I stay open minded to any possibilities. I want everyone to win! Im going to keep it as simple as I can. This is the Daily...
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction. Setup invalid below daily EMA (34.31)
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction. Setup invalid below daily EMA (34.80)
starting to plan the retracement on IQ planning to sell some puts on IQ at the first fib retracement will probably sell more if it goes lower will also buy some shares on the bounce too
who in their right mind would buy into this chart? what if your financial adviser called to say they could get you into this at $40 with no commission? they expect it to go to $158. my gut says F that!!! how about we put in a buy order for $22? how about maybe don't call me to get you out of your positions at top dollar? I have a family too. brokers F U
Very nice bullish uptrend. Bought back my June $30 covered calls for a small loss today. Looking to ride this wave up to $45+ :)
$IQ Tightly Coiled - expecting another strong move this week. Most likely to the upside, target mid-30s.
According to FINVIZ right now IQ has a short float of 87.8% That means of the shares that can be traded right now, 87.8% of them were short when FINVIZ updated that data that is a lot of shares short.... That is probably why that gap and go circled in green led to such a bullish run. right now it is at a price where it could possibly bounce, but I would not be...