QQQ Fibonacci confluence
Updated
A close below the 50sma is likely.
Fibonacci retracement levels are lining up perfectly with the simple moving averages; creating confluence strength.
100sma is lining up with the 38.2% level.
200sma is lining up with the 50% level; which also coincides with pre-covid levels.
Fibonacci retracement levels are lining up perfectly with the simple moving averages; creating confluence strength.
100sma is lining up with the 38.2% level.
200sma is lining up with the 50% level; which also coincides with pre-covid levels.
Note
10sma showing resistance on the upside.Note
$252 - $255 looking like a good entry point on a buy the dip situation
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