TQQQ. Strategic Analysis and Investment Recommendations in a Bullish Stock Market Trend.




Feb 07, 2024

 

 

 

TQQQ stock closing price

58.3

2.98%

 

 

 

 

 

 

[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.

 

 

 

 

As there are no anticipated changes in the trend zone that warrant considering a shift in investment strategy at this point, it is advisable to maintain the current investment position.

 

 

 

 

The 'Buy and Hold' position has been maintained for 5 days since the entry into the Bullish zone. During this period, the cumulative rate of

return in the Bullish has been

10.8%

as of the current date.

 

 

 

 

Buying price

Current price

Difference

52.6

58.3

5.7

Jan 31, 2024

Feb 07, 2024

5 days

 

 

 

 

[Short-term strategy]

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position.

 

 

 

 

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 strong uptrend in prices, marked by brief declines and strong rises. and The Buy-Sell intensity has changed from a weak buying flow to a suddenly strengthening buying flow.

 

 

 

 

An uptrend is characterized by an overall strong upward flow driven by strong buying intensity.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 3 : 7 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected intensity of the upward and downward movements, the upward intensity is higher, while the downward intensity is moderate.

 

 

 

 

A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be either today or tomorrow.

 

 

 

 

The buying date is

Feb 08

 

 

A good price to buy a stock:

58.4

 

 

 

 

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

The selling date is

Feb 09

to

Feb 12

A good price to sell a stock:

64.1

 

 

 

 

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 5 days from now, 8 days from now

 

 

 

 

 

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

Price:

57.7

~

68.1

% Change:

-1.0%

~

16.8%

Median price between the upper and lower

62.9

7.9%

 

 

 

 

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

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

Bullish

22%

The Current trend zone & level%

Bullish

29%

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

Bullish

89%

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

71%

(Max 100%)

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

-39%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

2.3%

=> HIGH ~ LOW range:

3.0%

~

-0.9%

- Average closing price in case of falling:

 

-1.1%

=> HIGH ~ LOW range:

1.4%

~

-2.4%

 

 

 

 

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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