@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
42.71
Analysis
295
Correct
126
Fail
157
Pending
10
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
QQQ
Long Entry
608.8100
2025-11-16
06:43 UTC
Target
637.0100
Fail
592.7600
In 2 Days
Risk/Reward
1 : 2
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Final PnL
-2.64%
P/L: —
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The weekly chart for HOOD shows a strong uptrend, with price action consolidating and showing potential for further upside. Recent price action indicates a battle between buyers and sellers, with some volatility. The hourly chart reveals a descending channel where price has tested support multiple times. A breach of the support level at 118.92 could lead to further downside, while a break above resistance at 122.50 could signal continued upward momentum. QQQ and SPY are showing bearish pressure with recent pullbacks and indecision, but the overall trend remains bullish, with support levels identified at 592.76 for QQQ and 671.93 for SPY.
