NASDAQ INDEX LONG IDEA (SHORT-MID TERM)
Idea: Long around 11300 - 11500 range
Reason: Hit all previous long and short targets, short-mid term chart shows signs of temporary reversal is high
TP: Based on key resistance/support level
SL: Below 11000, potential to go 11000 - 11200 before bounce
Key targets (Short-term): 11570, 11650, 11700, 11780, 11850
Key targets (Mid-term): 11900, 11955, 12010, 12050, 12120
Reason: Hit all previous long and short targets, short-mid term chart shows signs of temporary reversal is high
TP: Based on key resistance/support level
SL: Below 11000, potential to go 11000 - 11200 before bounce
Key targets (Short-term): 11570, 11650, 11700, 11780, 11850
Key targets (Mid-term): 11900, 11955, 12010, 12050, 12120
Note
Update: Hit 11300 area, starting wave of longsNote
Update: Hit 11700 target, back to 11250 range, starting new wave of longsTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.