NASDAQ Approaches Key Support: Bullish Momentum Likely to Persis
The NASDAQ is approaching its ascending trendline support, which could serve as a potential bounce point to sustain the bullish momentum and drive new highs. There are no significant bearish signals, suggesting that buying on dips remains a viable strategy for targeting further upside.
Trade active
TP1 has been reached, and the ascending trendline remains intact, signaling strong bullish momentum with potential for new highs.Trade closed: target reached
Both targets completed
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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.