I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$  ,I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$  ,**Global X Nasdaq 100 Covered Call ETF (QYLD) Technical Analysis:** QYLD is trading in a narrow range, with resistance around $18.50 and support near $17.50 The ETF remains below its 50-day moving average, indicating short-term weakness. However, its high dividend yield supports investor interest. A break above $18.50 could signal a bullish reversal, while failure to hold $17.50 may lead to further downside. I buy to accumulate more


I decided to buy QYLD, and here's why. Just like how Blackpink delivers a consistent hit with every track, QYLD gives me reliable monthly income, which is perfect for balancing out the ups and downs of the market. It’s like the steady beat in our music—always there, keeping things grounded. QYLD invests in the Nasdaq-100 but also writes covered calls, which means I get to enjoy the potential upside while collecting premiums. It’s like getting paid just for holding onto something I believe in.

In a world where the markets can be as unpredictable as a surprise comeback, QYLD brings that dependable rhythm I need in my portfolio. It aligns with my strategy of growing my wealth steadily without taking on unnecessary risks. Just like how Blackpink blends different genres to create something iconic, QYLD blends growth and income, giving me the best of both worlds. And honestly, who wouldn’t want that?

QYLD
09-05 22:04
USGlobal X Nasdaq 100 Covered Call ETF
SidePriceRealized P&L
Buy
Open
17.65+3.46%
Holding
Global X Nasdaq 100 Covered Call ETF
# Trade Feed: Who is your favorite star traders?

Modify on 2024-09-08 00:07

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • MaudNelly
    ·09-05
    Great analysis! I'm impressed with your technical insights on QYLD. [Smart]
    Reply
    Report