Click chart above to see the detailed analysis👆🏻
Back in 2020 we already witnessed the channel break and retest, which was followed by a parabolic rally of another +50%. And in mid 2024, the Nasdaq again broke the channel trendline towards the upside, preparing the repetition of the parabolic rally which we saw four years ago.
Click chart above to see the detailed analysis👆🏻
Again, every major or minor dip is immediately followed by new all time highs and bulls are not showing any weakness whatsoever lately. We obviously have the confirmed bullish breakout and an acceleration of the current uptrend is totally expected.
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