Critical Over/Under Levels
The short-term nature of this market can make predicting tomorrow’s news a little dicey, but if the Nasdaq holds this level, I think two of its components may have the chance to catch a bid.
The short-term nature of this market can make predicting tomorrow’s news a little dicey, but if the Nasdaq holds this level, I think two of its components may have the chance to catch a bid.
The bulls made some progress today, but is it enough to carry-over into next week? Let’s look at my favorite combo, squeezes + Big 3 signals in the QQQ and AAPL as they could set the tone for next week’s direction.
Into the close, both QQQ + AAPL set up with my favorite combo = squeezes + Big 3 buy signals. Which direction these squeezes fire on Monday could set the tone for the week, and it’s up to the bulls to protect the progress they made today.
In this video, I discuss supportive arguments for a bullish market into the end of July.
In this video I discuss my thoughts on equities that seem oversold awaiting a new bounce.
The upcoming 20:1 split in $GOOGL stock will affect the Fibonacci and Voodoo Lines levels used to identify support and resistance. We will identify the levels to watch going forward and how they will be relevant.
Shares of Zoom were trying to stabilize, but the break we saw this week spells certain doom for the stock, or at least lower prices as long as we stay below this critical level.