$Invesco QQQ(QQQ)$ If you asked an AI to design the perfect consolidation after a historic two-month rally, I doubt it could come up with anything better than what we're seeing on QQQ. It gapped up from the 50-day SMA today, closing an overhead resistance gap with some solid action around the market.
$ProShares UltraPro QQQ(TQQQ)$ Looking at the setup before the move continues higher. On the 3-minute chart, there was a reclaim of the key liquidity level at 71.50, followed by a push up toward targets at 72.58 and 72.84+. It's worth noting that's also around where the VWAP is sitting.
$Trade Desk Inc.(TTD)$ The chart shows a descending or falling wedge pattern. The RSI is oversold and the stock has been beaten down significantly. We saw some strong consolidation recently and it's now testing the upper trendline. If I had to guess, some news might be released soon, or other traders could notice this setup, potentially leading to an influx of buying to break the stock out of the wedge. The recent price action in $Strategy(MSTR)$ highlights what can happen with this type of pattern—it moved from $80 to $101 in a very short period.