So far the near term support zone (13550-13590) - which was a resistence-turned-suppport - appears to be holding. Nasdaq dipped below this support to test the rising 21 day moving average before closing above the support again with a bullish pinbar (not the most bullish pin bar, but still bullish looking nevertheless).
Futures are currently holding above this support zone too.
Could be just a much needed short-term correction. Opportunity to buy the dips of quality stocks.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Futures are currently holding above this support zone too.
Could be just a much needed short-term correction. Opportunity to buy the dips of quality stocks.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.