TQQQ. Strategic Insights into TQQQ Stock: Navigating the Transition from Bullish to Bearish - A 10-Day Pretiming Forecast.

In this analysis, we explore the long-term and short-term strategies for TQQQ stock as it undergoes a shift from a Bullish zone to a potential Bearish zone. The long-term strategy emphasizes a 'Buy and Hold' approach during the Bullish trend, while the short-term strategy recommends a cautious 'Sell(Bearish)' position amid an impending change in market dynamics. Key insights include the current trend zone, expected trend movements, suitable investing positions, and precise timing for buying and selling. The analysis also highlights the stock's correlation with the US market, potential volatility, and predictions for trend reversal. Overall, this comprehensive forecast aims to guide investors through the complexities of TQQQ stock in the next 10 days.



Jan 31, 2024

 

 

 

TQQQ stock closing price

52.6

-5.88%

 

 

 

 

 

 

[Long-term strategy]

The current trend zone is Bullish. and Investment position suitable for the trend zone is Buy and Hold.

 

 

 

 

The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.

 

 

 

 

In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in the Bullish zone, one can anticipate an upward flow of the bullish trend, seeking the potential for high returns.

 

 

 

 

This is a method of investing in the long term, enjoying investment returns by holding assets for an extended period rather than engaging in repetitive buying and selling based on price fluctuations. And when the trend enters a Bearish zone, it becomes the Selling point.

 

 

 

 

The likelihood of the trend entering the Bearish zone soon is high, necessitating consideration for a change in investment strategy at this point.

 

 

 

 

The 'Buy and Hold' position has been maintained for 15 days since the entry into the Bullish zone. During this period, the cumulative rate of

return in the Bullish has been

7.3%

as of the current date.

 

 

 

 

Buying price

Current price

Difference

49.1

52.6

3.6

Jan 09, 2024

Jan 31, 2024

15 days

 

 

 

 

[Short-term strategy]

Indicating that We are currently in a bullish zone so far. But It is likely to change to a bearish zone within a few days.

 

 

 

 

In a bullish zone, where buying intensity is potentially strong, anticipating significant upward movements is reasonable. Therefore, actively responding with aggressive buying at appropriate entry points in the short term is effective. During selling moments, a gradual and partial selling approach is recommended. This strategy allows for the exploration of opportunities to buy back at lower prices.

 

 

 

 

Currently, it's in the midst of a correction trend in a downward-trending market with a box pattern of price fluctuations, marked by small increases and downward fluctuations. and The Buy-Sell intensity had a stronger selling flow than a selling flow in a bullish zone.

 

 

 

 

A correction trend can be seen as a moment of pausing with either price or time adjustments within a strong upward momentum. The previously strong buying intensity temporarily transitions into a subdued state, and there is a temporary emergence of strong selling pressure in the flow.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a descending rectangle pattern, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. However, in terms of the expected intensity of the upward and downward movements, the upward intensity is moderate, while the downward intensity is higher.

 

 

 

 

A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

 

 

 

 

The selling date is

Feb 01

 

 

A good price to sell a stock:

53.0

 

 

 

 

And the appropriate buying timing is predicted to be in 3 days.

The buying date is

Feb 02

to

Feb 05

A good price to buy a stock:

50.9

 

 

 

 

The price of TQQQ stock moves in line with the rise and fall of

the stock market index with a probability of

89%

, and

Conversely, it moves against the stock market index trend

with a probability of

11%

 

 

Due to the high correlation level with the US stock market, there is a high probability of exhibiting movements in ascent and descent that closely resemble the trends in the US market.

 

 

 

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

 

 

 

 

- Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

 

 

 

 

- Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 4 days from now, 9 days from now

 

 

 

 

 

- Prediction of Upper~Lower price range over the next 10 days

Price:

50.9

~

53.9

% Change:

-3.4%

~

2.5%

Median price between the upper and lower

52.4

-0.4%

 

 

 

 

- Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bullish

36%

The Current trend zone & level%

Bullish

16%

The expected average trend zone & level% for the next 10 days

Bearish

-45%

If the trend moves upward from the current trend level%, it's expected to have an average upward intensity of

43%

(Max 100%)

And if it moves downward, it is expected to have a downward intensity of

-72%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

1.9%

=> HIGH ~ LOW range:

3.0%

~

-1.0%

- Average closing price in case of falling:

 

-2.7%

=> HIGH ~ LOW range:

1.0%

~

-3.4%

 

 

 

 

The 10-day prediction and technical analysis of TQQQ stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

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