QQQQ trend

I thought QQQQ is in a downside trend and bought a PUT option on it. Unfortunately looks like it breaks the trend today.

My next bet is that it will hit Bollinger Band 42.3 and go down. Let's see if the chart theory is working.

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Comment on March 9:

It hit 42 roof at the begining of March and went down. As of today, it hits 40.5 level.