NASDAQ LONG Trading Plan
Nasdaq close higher as expected last week. The bullish continuation seems likely given this new "SAFE HAVEN" high liquidity in the current economy.
US Tech 100 companies continue to outperform brick and mortar business amidst the current crisis. The advent of 2nd wave of pandemic covid 19 is unlikely to affect NASDAQ in the short run.
Key Trading Plan:
i) LONG if the price breaks 10206 (upside movement prevails)
ii) SHORT if the price breaks the support line 9229 with the target Take Profit point at 8702.
Author:
S.I.D. Aizu
US Tech 100 companies continue to outperform brick and mortar business amidst the current crisis. The advent of 2nd wave of pandemic covid 19 is unlikely to affect NASDAQ in the short run.
Key Trading Plan:
i) LONG if the price breaks 10206 (upside movement prevails)
ii) SHORT if the price breaks the support line 9229 with the target Take Profit point at 8702.
Author:
S.I.D. Aizu
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