QQQ alert!

In looking at the QQQ chart, I see an opportunity. Lets look at the chart.

As you can see, the double hammer reversal signal was overcome by market news today, however the moving average is holding in a way that it has for most of the year. With the combination of the fast K, and the 50 day, I think that as it stands now the cubes will either bounce back tomorrow, or the next day. Therefore I am going to recommend purchasing QQQ july 24 110 calls while the prices are flattened. And tomorrow if there is a further dip, I will simply double down and then ride it back up. This is of course minus any market news or sudden shake ups. Everything being everything, this path is what should transpire. Below is the order.

QQQ Jul 2015 110.000 call (QQQ150724C00110000)

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1.88 0.00(0.00%) 1:59PM EDT

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Prev Close:	1.88
Open:	1.93
Bid:	1.25
Ask:	1.30
Strike:	110.00
Expire Date:	24-Jul-15

Day's Range:	1.75 - 1.96
Contract Range:	N/A - N/A
Volume:	624
Open Interest:	645

We are going out to Julys on this one to avoid any erosion so that time is on our side, because I expect the climb up to happen in the next day or three. I wanted to get in now on a bad day so that the option was cheap, and then when the cubes rise, the price will expand. Perhaps 50-100%. Lets keep our fingers crossed.