Nasdaq 16/10/2021 by Newbie Trading Channel

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Nasdaq 16/10/2021 15100 , 15400 resistants

Nasdaq 5/10/2021 by looking at the chart, Nasdaq is at the uptrend channel support area + earlier RST turned into SPT area but if want to confirm this , Nasdaq need to have a strong reversal bullish engulfing candle . It is not easy to know a bottom until a higher low is formed . Hence we still need to be cautious at this moment and only look for stocks that have strong fundamental that we don't mind to hold over the long run.

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