NASDAQ: 500 BULLISH POINTS TO THE TARGET !!!???
Hi
As can be seen in the chart, the price started an annual bullish cycle until reaching its maximum price level at 9838 after that initiating a bearish rally in the form of a crash and correcting the entire rise at 78.6% and level 6631, it forms a floor that pushes the price back up in the form of a fifth zig zag and ascending channel.
If the price is pushed up I see it is likely to happen that the price could reach the 9300 level and if not, the lower axis of the channel marks the bearish breakout limit.
Thanks to see my technical abalysis!
As can be seen in the chart, the price started an annual bullish cycle until reaching its maximum price level at 9838 after that initiating a bearish rally in the form of a crash and correcting the entire rise at 78.6% and level 6631, it forms a floor that pushes the price back up in the form of a fifth zig zag and ascending channel.
If the price is pushed up I see it is likely to happen that the price could reach the 9300 level and if not, the lower axis of the channel marks the bearish breakout limit.
Thanks to see my technical abalysis!
Note
Target reached!!Note
Target reached !!
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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.