Aggiesincebirth said:
What does this mean? I went hard about 5 min ago on Amazon.
"QQQ Reversing" this means I see the QQQ chart trying to break the downward spiral with a green 10min candle that reclaimed a previous lo.
"AMZN RDR" means "red dog reversal", basically on the 10 min I had a candle that went low, came back,and another candle that came back up and broke a previous low.
"30 min flip" means new candle on the 30 min chart that I'm watching to see if it can go green instead of continuing red....for both of them.
As QQQ goes, AMZN likely goes. sometimes if AMZN can buck hte trend, QQQ will too as it's a leader.