$QQQ - what will it be?NASDAQ:QQQ bounced off of the lower trendline in a descending wedge. 👀
If it can break out of that wedge, it is not hard to imagine it making it to $391. For the near term, I think it could get to $367 - $370 area.
Until you see a breakdown below $348, I think it looks good for the bulls.
Key Levels:
- Watch $375 for bullish breakout. 👀
- Watch $348 for bearish breakdown. 👀