NASDAQ 100 Analysis! Will it Reach 14000 ?
NASDAQ 100 Weekly Analysis!
Bullish View on NASDAQ 100!
NASDAQ 100 Expecting 14000 Level!
NASDAQ 100 Moving as per Double Bottom Pattern Analysis!
NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like strong consolidation is happening inside this range. The RSI also in uptrend and taking nice support on the support trendline. As per Double Bottom Pattern Analysis, I have projected the target at 14027.85 level. Hope the index will touch 14000 level in upcoming weeks.
Bullish View on NASDAQ 100!
NASDAQ 100 Expecting 14000 Level!
NASDAQ 100 Moving as per Double Bottom Pattern Analysis!
NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like strong consolidation is happening inside this range. The RSI also in uptrend and taking nice support on the support trendline. As per Double Bottom Pattern Analysis, I have projected the target at 14027.85 level. Hope the index will touch 14000 level in upcoming weeks.
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Given a Breakout!
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NASDAQ 100 breaks 14000 level according to our analysis!
Avinash K.
