Author Archives: TraderHank

QQQ afternoon update and TraderHank’s play of the day in NTAP

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The QQQ opened with a small gap up to the top of yesterday’s afternoon base @ 79.00 and went sideways until 9:55 am reversal time when price broke down.  The Q’s sold off hard into 10:20 am to set the … Continue reading

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QQQ Market play for Tuesday, September 24th, 2013 and TraderHank’s stock picks

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The QQQ recovered from the morning sell off and price finally went sideways after a healthy rally.  Price is currently stuck between 79.02 and 78.70 areas on the 5 minute chart, but on the 60 minute chart the Q’s triggered … Continue reading

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QQQ update and TraderHank’s play in WAG

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The QQQ gaped up this morning above the prior 15 minute pivot to open @ 79.34, then sold off for the first 5 minutes taking out the low causing traders to enter short. Price soon recovered closing near the high … Continue reading

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QQQ market play for Monday, September 23rd, 2013 and TraderHank’s stock picks

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The QQQ ended the day on Friday @ 78.99 in a downtrend on the 5 and 15 minute time frames.  Price is currently at an area of resistance which can be seen on the 15 minute chart via the overlapping … Continue reading

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09/21/2013 Add and Reduce, Reversal Times and Homework…

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I have to admit, a few weeks ago I felt like the wheels fell off with my equity trading.  I was attempting to make changes to the way I take my plays attempting to have a major breakthrough, instead I … Continue reading

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QQQ update for Friday, September 20th, 2013, and TraderHank’s stock picks…

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After  Yesterday’s sideways price action, If the Q’s trade or gap above the 79.70 area I would look to take the first 5 or 15 minute buy that occurs near 10 am or 10:30 am reversal time,  I’d stay long until … Continue reading

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QQQ afternoon update and TraderHank’s short play in DIS

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The QQQ opened with a small gap just above yesterday’s high @ 79.55 and ran up to set the high of the day by our first reversal time 9:35 am @ 79.68.  Price then sold off taking out the first … Continue reading

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QQQ market play for Thursday, September 19th, 2013 and TraderHank’s stock picks

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The QQQ ended the day with all time periods in an uptrend, thanks to the Fed.  I’d look for more follow through to the upside tomorrow, but expect a narrow range day, which means, take your profit early and don’t … Continue reading

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QQQ afternoon update and TraderHank’s play in ALL

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The QQQ had a small gap up this morning to open up @ 78.49 above Tuesday’s high of 78.47.  Then, price just went sideways trading in a tight range between 78.51 and 78.45 until 11:00 am when prices started to … Continue reading

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QQQ market play update for Wednesday, September 18th, 2013 and TraderHank’s stock picks

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The Q’s finally broke a lower pivot ending the 5 minute uptrend near the end of the trading day, even though, we are still in an uptrend on the 15 minute chart.  If we happen to open neutral or slightly … Continue reading

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