NASDAQ near the buyers' zone. H4 04.09.2024
Updated
NASDAQ near the buyers' zone
The NASDAQ stock index is forming a correction and is approaching the strong zone of buyers 18293-18579 from which I expect its rebound upwards. So far the move down is within the correction and now the price is trading in the margin zone. But as for me, there is not enough downward manipulation and then we will look at the buyback volumes. If they appear, we will act.
The NASDAQ stock index is forming a correction and is approaching the strong zone of buyers 18293-18579 from which I expect its rebound upwards. So far the move down is within the correction and now the price is trading in the margin zone. But as for me, there is not enough downward manipulation and then we will look at the buyback volumes. If they appear, we will act.
Trade active
Working off growth NASDAQ
In the last recommendation on Nasdaq index I recommended to look for purchases in the strong zone of buyers 18293-18579 with the aim to test resistance 19500. Now this target is taken and formed a new zone of buyers 18550-18925 from which I will watch the continuation of growth after the correction. Before the weekend I will close the buys, as they came to the local resistance and can make manipulations, although the main target was chosen at the round level of 20000.
Trade closed: target reached
The price has reached take profit at 20000
EN channel -t.me/kovach_trader
Ru channel - t.me/newwavetrade
Ru channel - t.me/newwavetrade
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