SviCapital

QQQ, Half Way to the Top

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
The price is channeling up to the important resistance level. If reached that would be a third retest of that level. A successful breakout would be a very bullish event. The technology sector is an important part of the major indices especially Nasdaq.

I outlined some potential scenarios. For now, the bulls have the priority. As long as the price stays within the channel and above the support they have a chance to reach to resistance.

10/12/2019

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.