NASDAQ About to break upwards.
Nasdaq rose again above the MA50 (4h) and is approaching the critical 12900 Resistance (2).
The inverse of March's rise with February's fall is very strong.
So far all Support levels of the fall got filled.
This is a strong indication that the pattern will break upwards.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 13050 (representing a +4.40%, the most common during these past 2 months).
Tips:
1. The RSI (4h) is on a Rising Support and bounced off of it yesterday. This indicates that the current rise has still considerable room left to grow.
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Notes:
This is a continuation of this trading plan:
The inverse of March's rise with February's fall is very strong.
So far all Support levels of the fall got filled.
This is a strong indication that the pattern will break upwards.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 13050 (representing a +4.40%, the most common during these past 2 months).
Tips:
1. The RSI (4h) is on a Rising Support and bounced off of it yesterday. This indicates that the current rise has still considerable room left to grow.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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