It’s approaching the overhead resistence. The volume is about average. We will monitor SMA 5 closely.
QQQ
It’s approaching the overhead resistence. The volume is about average. We will monitor SMA 5 closely.
QQQ
QQQ closed at 35.96 today. The resistence will be the intermediate downtrend line below 37. If 37 is taken out, it will signal a breakout from the downtrend started in Jan. 2004. We will take some profit at 37 and use 36 as the stop for remaining position.
QQQ
QQQ closed at 35.96 today. The resistence will be the intermediate downtrend line below 37. If 37 is taken out, it will signal a breakout from the downtrend started in Jan. 2004. We will take some profit at 37 and use 36 as the stop for remaining position.
QQQ
QQQ bounced back from the support at 34. The big intraday swing probably caused a lot of pains among many. It needs to take out 35.5 to show the strength of the bulls.