QQQ Stock Trading Plan 2025-05-23
Join our Discord channel for live trading signals and discussions:
QQQ Stock Trading Plan (2025-05-23)
Final Trading Decision
Model Summaries DS Report • Technicals: Price below short EMAs (10/50) but above 200 EMA intraday; weekly trend bullish. 30-min RSI oversold; daily RSI neutral. MACD bearish intraday, bullish but weakening daily. Support $505.58, resistance $509.67/$521.93. • Sentiment: VIX rising (21.10), mixed news (ETF inflows vs tariff/yield risks), institutional accumulation. • Conclusion: Neutral/Unclear. No trade—await clear breakout or breakdown. Confidence 58%.
LM Report • Technicals: M30 oversold (RSI 28), price near lower Bollinger Band, intraday MACD bearish but weakening. Long-term EMAs supportive. • Sentiment: Rising VIX, uncertain news, ETF inflows point to potential support. • Conclusion: Moderately Bullish. Recommend long QQQ @$507.50, stop-loss $490.73 (3%), profit target $532.13 (5%), size 20% of $10K, hold up to 4 weeks. Confidence 65%.