- QQQ's have reclaimed the 20 day moving average and is retracing from a oversold level
- Its anyone's guess at this stage how far this bounce will go or if it fails
- A trader can only manage risk and look for favourable risk/reward scenarios
- Next likely resistance at the 50 day moving average $318.50
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Its anyone's guess at this stage how far this bounce will go or if it fails
- A trader can only manage risk and look for favourable risk/reward scenarios
- Next likely resistance at the 50 day moving average $318.50
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
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.