$QQQ Looks to Be in a Do or Die Area

12 thg 3

QQQ For a bull case, I need to see this get above both the horizontal area of resistance and the downtrend line on this 65 minute chart.

It looks like it could be forming yet another bear flag. All TBD. If it breaks the flag down, I would expect another leg lower.

So what we have here is a case of do or die. Hope this helps

12 thg 3

Ghi chú

It needs to put in a higher low as well.