Chart Analysis – SQQQ

Nasdaq tech short ETF SQQQ is still alive. Today morning this reached 423.60% of last day’s wave and went back. (image 1)

423.60% of 1st wave reached last week.(image 2)

sqqq stock chart

61.80% of 2nd wave is 13.28. Now SQQQ price is 14.03.(image 3)

13.28 and 12.02 are very important. Because this SQQQ already formed three white troops(image 4).

This mean this guy will find another 423.60% of one of uptrend waves. So tomorrow need to watch 13.28 level. If go down under, maybe #TQQQ related stock will be good in the future. (image 5)

FAANG 120118

Facebook – FB

– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 135.15

facebook chart

Maximum level of this stock wave is 161.88, 423.60%

facebook chart

Amazon – AMZN

– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 1582.58

AMAZON chart

Maximum level of this stock wave is 1983.55, 423.60%

amazon stock chart

Apple – AAPL

– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 177.71

apple chart

Maximum level of this stock wave is 189.52, 423.60%

APPLE chart

Netflix- NFLX

– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 270.64

netflix chart

Maximum level of this stock wave is 366.48, 423.60%

netflix chart

Google – GOOGL

– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 1066.76

google chart

Maximum level of this stock wave is 1168.77, 423.60%

google chart