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N0tSwift
19 lut 2021 01:14

QCLN target entry $72 Long

First Trust NASDAQ Clean Edge Green Energy Index FundNASDAQ

Opis

Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses.

Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days

Watching for reentry near $72, expecting resumption of uptrend soon after

Exited most of my longs at the end of the year.
I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.

*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

Komentarz

Beautiful bounce on the 200MA, and then, a red candle to end the day.


Updated Price target $76 - .618FIB

Komentarz

Note the negative divergence on RSI. I think we get one more small down swing, the up we go.
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