June 22, 2025, 02:34 am ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for QQQ
- Buy QQQ near 507.61 target 540.9 stop loss @ 506.14 Details
The technical summary data tells us to buy QQQ near 507.61 with an upside target of 540.9. This data also tells us to set a stop loss @ 506.14 to protect against excessive loss in case the stock begins to move against the trade. 507.61 is the first level of support below 526.83 , and by rule, any test of support is a buy signal. In this case, support 507.61 is being tested, a buy signal would exist.
- Short QQQ slightly under 540.9, target 507.61, stop loss @ 542.46 Details
The technical…