It closed higher at 37.45 after last week big run up. We shall see that it tests 38 and 39 soon.
QQQ back in bullish mode
Monthly Archives: April 2004
QQQ gapped up
It gapped up and closed at 37.10 today as the market was fueled by better than expected job numbers. The volume was impressive as well. The next resistence is 38-39 and 36 will be the new support.
QQQ crossed 36 …
It closed up at 36.16 right at the current resistence level. However, the volume is below average. It has also reached short-term overbought condition. It won’t hurt to take some money off the table if you have bought at 34. The next resistence is still 37 and support may be at 35 or 34.