-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!
-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!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.