QQQ| POSSIBILITY TO BREAK THE CHANNEL

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Currently, the price is attempting to break the channel and trade outside of it. As long as the price remains above the channel and above 471.30, a correction is expected towards 486.41, and potentially up to 503.97.

However, we anticipate that the price will soon break the channel and fall below the support level of 471.30, which would lead to a decline towards 449.55, and potentially further down to 413.99.

Tendency Keys: 471.30
Resistance Line: 486.41, 503.97, 514.62.
Support Line: 471.30, 449.413.99.

Penafian

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