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Category Archives: TraderHank’s Stock Picks
Market play for the QQQ and TraderHank’s stock picks
The Q’s broke the 15 minute down trend over lunch on Friday and has put in the first higher low on the 15 minute chart. For Monday, if we gap up or open and trade up, I’d look to take … Continue reading
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Market play for the QQQ on Tuesday, October 29th, 2013 and TraderHank’s stock picks…
The Q’s opened the day neutral @ 82.85 and went sideways into 10:30 reversal time and sold off hard into 11:15 am, the start of lunch on Wall Street setting the low of the day @ 82.55. Price then rallied … Continue reading
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QQQ market play for Tuesday, October 22, 2013 and TraderHank’s stock picks
The Q’s ending the trading day in a tight trading range between 82.54 and 82.07 to close @ 82.31. Price action broke the 5 minute uptrend finally near the end of the day but repaired itself over the last hour … Continue reading
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QQQ market play for Thursday, October 17th 2013 and TraderHank’s stock picks
The Q’s closed @ 80.39 after a nice gap up this morning continuing the 15 minute uptrend and officially confirming the 60 minute uptrend. The Daily chart closed looking extremely bullish after today’s engulfing green candle form a pattern known … Continue reading
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Wednesday, October 16th, 2013 Market play for the QQQ and TraderHank’s stock picks
After breaking out to new highs, the Q’s ended the day with a topping tail bar on the 60 minute chart and ending the uptrend on the 5 minute chart. Until the US Government is reopened expect wild movements in … Continue reading
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QQQ trading for Tuesday, October 15th, 2013 and TraderHank’s stock picks
The Q’s closed near the highs of the day @ 79.77 in a 5 and 15 minute uptrend. We are at the very tip top on the hourly chart and we would have to go out to the quarterly chart … Continue reading
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Market play in the QQQ for Friday, October 11th, 2013 and TraderHank’s stock picks
The Q’s finished the day in a 5 minute uptrend into resistance but still managed to close way up from the open @ 78.61. If the market opens neutral and rallies above the 78.75 area or gaps above this area, … Continue reading
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Market play in the QQQ for Thursday, October 10th, 2013 and TraderHank’s stock picks
The Q’s sold off hard again today setting a low on our 3 day hard sell off @ 76.35 before rebounding to close @ 76.96. The downtrend ended on the 5 minute chart but not the 15 nor the 60 … Continue reading
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QQQ market play for Wednesday, October 9th, 2013 and TraderHank’s stock picks…
Today’s hard sell off in the market ended the Daily uptrend in the QQQ. Now for you long term investors, this does not mean were in a down tend, we could go sideways. One thing is for sure, we are … Continue reading
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Market play in the QQQ for Tuesday, October 8th, 2013 and TraderHank’s stock picks
After a huge gap down in the QQQ this morning and a hard rally back up near the top of the last pivot high, the Q’s plummeted in late day trading to finish the day at almost where price started … Continue reading
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