QQQ: BULLSEYE! Gap filled. What's next?
• QQQ hit our target, as it filled our gap at $268.50 (red line);
• We set this target on our previous public study on QQQ, on Dec 15 (link below this analysis);
• QQQ acted according to the technique so far, and there’s no clear bottom sign on it yet;
• If QQQ actually loses the red line, the next technical target is the next bottom at $259.08;
• Only if we see a good bullish reaction, and QQQ stays above the support at the red line, we might see a bounce on it. In this case, the 21 ema is the next technical resistance;
• Either way, QQQ looks interesting. I’ll keep you updated.
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• We set this target on our previous public study on QQQ, on Dec 15 (link below this analysis);
• QQQ acted according to the technique so far, and there’s no clear bottom sign on it yet;
• If QQQ actually loses the red line, the next technical target is the next bottom at $259.08;
• Only if we see a good bullish reaction, and QQQ stays above the support at the red line, we might see a bounce on it. In this case, the 21 ema is the next technical resistance;
• Either way, QQQ looks interesting. I’ll keep you updated.
Remember to follow me to keep in touch with my daily analyses!
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