NASDAQ Trading Idea

Price reached 5400 level and probably we'll see price reversal and movement to the uptrend line. We can try to make some profit selling below 5350 with target at 5300 level. If price breaks the uptrend line, we'll have a new signal for opening short trades with target at the support level. For long trades we have to wait for price reversal from the uptrend line and when price breaks the resistance level.