QQQ time to get long? and play the bounce?
The recent drop in QQQ hit the bottom of the channel, and retested it today (Friday) with some buying into the close on strong volume. Looking at history and past drop you see a nice bounce from the bottom of the channel and that is exactly what I'm looking to play here. If we end up selling through the bottom of channel breaking down below on volume, ill be out quick, in my opinion I see a technical bounce coming Monday.
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