QQQ has been trading inside the parallel channel for quite a while , lets see if the channel can hold the price up ,
if price can't hold it means we will be seeing a break to the downside ,
we will be looking for another green candlestick for an extra confirmation for a long position,
im assuming price is still in a bullish move as we can see price still trading above MA200 .
Let me know what you think in the comment below !
if price can't hold it means we will be seeing a break to the downside ,
we will be looking for another green candlestick for an extra confirmation for a long position,
im assuming price is still in a bullish move as we can see price still trading above MA200 .
Let me know what you think in the comment below !