Technical analysis by chancethepug about Symbol QQQX: Buy recommendation (2/27/2025)

My trading plan is very simple. I buy or sell when at three of these events happen: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Stochastic Momentum Index (SMI) at near oversold overbought level * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels [Red Line 100 period / Yellow Zone 52 period / Green Zone 26 period] Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Entry at $502 Target is upper channel around $540