TheTradersRoom

CQQQ May 7th TTR Update

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AMEX:CQQQ   Invesco China Technology ETF
TheTradersRoom is very long #CQQQ from much lower levels and looking to hold this one till at least we see 2-3x gains on it.

We have entered it first days of Feb and very happy with the result.

China is recovering and Im expecting a perfect inversion alignment to QQQ here into the end of the next year.

It was a clear breakout from the downtrend channel last week. If the broken channel gets tested from above, it will be a perfect opportunity to add into our long position.

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