QQQ Bounce

Jeff_Sun
2023-06-23

QQQ $Invesco QQQ Trust(QQQ)$ update

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It is prudent to take partial profits on positions that have broken trendlines or key levels.

However, it can be beneficial to maintain a proactive approach and consider adding to positions that are demonstrating resilience and holding up strongly, while their MAs catches up.

$StoneCo(STNE)$ $Coupang, Inc.(CPNG)$ $Airbnb, Inc.(ABNB)$ $Zevia PBC(ZVIA)$ $Cipher Mining Inc.(CIFR)$ $DoorDash, Inc.(DASH)$ $Grab Holdings(GRAB)$ $Shockwave Medical, Inc .(SWAV)$ $Direxion Daily Gold Miners Index Bear 2X Shares(DUST)$ $Direxion Daily Transportation Bull 3X Shares(TPOR)$

ACLS $Axcelis(ACLS)$ looks great to add on existing size, but not for opening a new position in my opinion. I would have like to open this position at $86 for a start, not at $170 now.

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