QQQ’s long and short term trend is up.

27 thg 4, 2020

This is the second consecutive positive week for the Q’s QQQ. During the week, the QQQ gained 14.43 points 7.18%, and closed at 215.29 on Friday, 4172020. Weekly volume was 20% above average.

The short-term uptrend that started on 4/23/20 at 164.93 and reached 216.51 on April 17, 2020. QQQ gained 51.58 points, or 31.27%, in the past 20 or so days. Price is near the trend high but appears to have at least one more wave up to wave 5. Price targets currently at 226.