CHN is range-bound for more than two months. A breakout at 35 will signal a new uptrend again.
CHN
LU
LU is on the rebound. It’s forming a classical cup shape pattern. If it breaks out 5 with high volume, it will start a new phase of uptrend.
LFC out of trouble?
LFC gapped up after it’s cleared from the liabilities of the audit issues in the past. It has broken out the recent downtrend. Whether it can reverse the downtrend remains to be seen. This big gap could become the new support. Next resistence is 28.
QQQ back in bullish mode
It closed higher at 37.45 after last week big run up. We shall see that it tests 38 and 39 soon.
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.