$NQ ready for breakout
After a "fall from cliff" in the Q4 of last year, NNQ made a bullish pennant and broke out beginning this year. Reaching the 22 (78.6 ret. of the 2013 high). Dropping down to this year low 11 (78.6 ret. of this years high), NNQ creates again a bullish pennant, ready to break out.
The breakout level to watch is 13 with a target 19.50-62
The breakout level to watch is 13 with a target 19.50-62
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