US 100Long
NASDAQ WILL GO HIGHER, BUY AFTER PULLBACK
Fundamentals
Recent economic data indicates mixed sentiments in the tech sector, with rising interest rates and concerns about valuations weighing on growth stocks. However, optimism surrounds potential technological advancements, such as AI and renewable energy sectors, driving long-term bullish expectations.
Technicals
After the bullish spike following the CPI inflation reading, the price is expected to retrace to the 20,865–20,968 range, which corresponds to two key Fibonacci levels. The 20,968 level also aligns with a demand zone. Entry levels are: 20,865 (conservative) or more aggressive at 20,968. Before entering long, it is important to see confirmation of bullish pressure...
In terms of target, I think we will see new highs, but take profit partially and sistematically along the way..
Follow me to receive updates on this idea, including confirmations for entries, stop losses, and profit targets. Don’t miss out—hit that follow button now!
Recent economic data indicates mixed sentiments in the tech sector, with rising interest rates and concerns about valuations weighing on growth stocks. However, optimism surrounds potential technological advancements, such as AI and renewable energy sectors, driving long-term bullish expectations.
Technicals
After the bullish spike following the CPI inflation reading, the price is expected to retrace to the 20,865–20,968 range, which corresponds to two key Fibonacci levels. The 20,968 level also aligns with a demand zone. Entry levels are: 20,865 (conservative) or more aggressive at 20,968. Before entering long, it is important to see confirmation of bullish pressure...
In terms of target, I think we will see new highs, but take profit partially and sistematically along the way..
Follow me to receive updates on this idea, including confirmations for entries, stop losses, and profit targets. Don’t miss out—hit that follow button now!
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