Sagar
This Chinese ADR may give a Breakout long setup if it closes above the Memory resistance trendline.

$IQ.

That breakout, if it happens, may also signal a GWF long trade setup.

4 1 Industry %.jpg  5 0 Fundamental Snapshot.jpg  6 0 Technical.jpg 
1
Sagar
As of ~2 PM EST, IQ pulled back. It does not seem that it will be closing above the Memory resistance today.

And if it does not, CUE traders will step aside from the breakout long trade.

6 0 Technical.jpg 
1
Sagar
$IQ is making another attempt to break above Memory resistance.

1) IQ may break above Memory trendline resistance today.

2) It has a bullish Flow candle.

3) And a Reversal candle as well.

6 0 Technical.jpg 
1
Sagar
$IQ Long Breakout trade gave more than 30% profit in a day.

1) It confirmed the CUE Breakout setup yesterday.

2) Today it gapped up at the open by more than 30%.

CUE traders would book at least a partial profit. More so, as it came near a daily Memory resistance line.

6 0 Technical.jpg    
1

Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

CUE Elite
CUE Global & CUE Finder
CUE Edge, Vital, Index
Metastock Software (One-Time)
Metastock Data/Subscription
Data Region