QQQ
Gapped down overnight got initially sold off in the morning session, and bounced to the 10ma. Currently being supported by great breadth under the surface. This marks two back to back high breadth days which is good to see.
All moving averages are in sync for an uptrend.
My current risk given the market environment: Full size
What I did today
Got stopped out on a position and entered a PEG.
HOOD have been long from around the 50ma area. This morning it gapped down and as soon as it didn’t quickly reverse, I cut it for a small loss. Looks like it may need a bigger digestion.
PL the PEG of the day. Has all of the characteristics of a good earnings breakout. Coupled with the pick up in space theme.
Prints:
Equity + Holdings:
