Hi again, have not posted in a while as I have been concentrating on selling puts in TQQQ (and some LABU, TNA, SOXL.
Anyway, the TQQQ selling has been a success with about 100 trades over the past 5 months with about 9.25% gain.
Question… I’m not much of a “chartist” but it appears to me that TQQQ is in a classic pennant pattern; waiting for a breakout higher.
Your opinions are, as always, welcome.
Good luck to all