Most probably we hit the bottom already.
It was a nice rebound from the EMA100, and break through EMA50 and closed well above EMA20. I think The NASDAQ has bottomed already and will target the all time high " 14200".
Please note: I'm just sharing my view. its not a recommendation for buying or selling.
Please note: I'm just sharing my view. its not a recommendation for buying or selling.
Note
rising channel
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.