Where Is Tech Headed?

Posted by Wendy Kirkland | Apr 23, 2026 | Wendy's Daily Profit Play | 0 |

QQQ rebounded sharply this week after testing support near its rising 22-week moving average, a level that often acts as a trend guide during sustained uptrends. Price strength was confirmed by the Full Stochastic, which surged out of oversold territory and produced a bullish crossover, suggesting momentum has turned back in favor of the bulls.

The two indicators shown are the 22-week moving average (blue line), which smooths price action and helps identify the longer-term trend, and the Full Stochastic (bottom panel), a momentum oscillator that compares the closing price to its recent range to help spot overbought, oversold, and reversal conditions.

Wishing you the best,

Wendy

P.S.—If you want me to just shoot you a text or an email when I spot a trade on a chart like this one, you are going to want to take a look at this.

About The Author

Wendy Kirkland

About the Author Wendy Kirkland has been successfully analyzing the market trends and sharing her profitable patterns with other like-minded option traders since 2009. She is best known for her P3 pattern that works in any market and a variety of time frames. Wendy has written 16 books that use variations of this pattern and others that she has developed to fulfill her personal goal of helping others achieve their own personal financial independence. Early Career For twenty-five years, Wendy Kirkland was a working partner in a gift shop located in Historic Biltmore Village in Asheville, NC. The business supported her family of three children with a good life, but, as Wendy neared retirement age, she realized she and her husband Jack had left themselves out of the financial equation. They'd set up a retirement account, but, over the years, others' needs always seemed more pressing, and retirement seemed a lifetime away. Journey to Option Trading Her search and need to take immediate control of her financial future brought her to option trading and the financial leverage it offers. Finding the potential to make a full-time income while working on a part-time basis, Wendy wrote, How To Trade Options to give others the opportunity to benefit from this income source that can be worked a few hours a week from home or anywhere else. Since that time, she has written 16 books that are available from a variety of sources. Teaching Approach Wendy’s programs take her students all the way from getting past the perceptions that Options have to be complicated all the way to daily trading examples. Readers quickly understand what a Call Option and Put Option are and all of the other fundamentals they need to succeed. She walks traders through key indicators and shows them how to use, True Strength Index, ADX or Average Directional Index, Commodity Channel Index, Fibonacci Price Targets, Exponential Moving Averages, and more. Her simple, down to earth explanations make the path to income through trading very accessible. Personal Empowerment “Supporting personal empowerment, particularly for women, has been a lifetime interest,” Wendy says. “I’m thrilled to have found a great way to fulfill that goal by sharing a new, learnable and lucrative way to achieve financial independence.” Wendy Kirkland's Daily Profit Play Disclaimer Wendy Kirkland is the founder and editor of Wendy's Daily Profit Play, a stock and options trading newsletter. Together with TradeWins Publishing, Wendy shares actionable trading tips and strategies that can help anyone grow their trading account. 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