Technical analysis by pakoumal about Symbol QQQX on 8/13/2025

Wedge fakeouts often reverse sharply, so puts could pay fast if rejection holds If QQQ closes above $580 with follow-through & volume, then R3 @ $585.24 Invalid if price breaks back below $578 If QQQ fails at wedge top and breaks below $576 (lower trendline), then R1 at $575.47 (could bounce here intraday) Invalid if price breaks back above $578 The next couple of candles will decide