QQQ - Is it going to Rise?

343
-Oh boy, this month was something else! So much uncertainty in the market. Whether to expect a 5-6% drop or 10% drop was the most discussed topic in the trading community.

-Now, looks like people are happy with the current drop and are willing to drive the price back up. But should we all really hop into this rise or wait?

-In our opinion for such a drop, the current support is not so strong to hold it all together. The actual strong support can be seen at around $342.

-If the QQQ wants to continue the current rise, it needs to pass the $366 resistance level and more importantly never drop below $350.

-Will QQQ follow these rules? No one knows ofcourse. Let's all wait and see!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.