TopgOptions

QQQ Double Top on Bearish Divergence

Short
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BATS:QQQ   Invesco QQQ Trust, Series 1
If you haven`t bought the dip on QQQ:

Then it's important to understand that it's currently exhibiting a double top formation, known as one of the most bearish chart patterns, along with a substantial bearish divergence. I foresee a retracement soon, possibly to $416, but I still expect it to finish the year on a positive note!
Transaction en cours:
There are chances to reach the price target next week.
Trade fermée: cible de profit atteinte:
QQQ price target reached! Rebound soon.

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