QQQ - Breakout or Fakeout?
Updated
Finally, some action after a very boring month or so of being range bound. The lack of a contested election provided a major boost to tech the last two days :) Now, the question is if this rally is a true breakout above the trading channel that has confined QQQ for most of the last 14 years or so (minus the COVID bubble) or if it is just a fake out.
Trade active
Could we see another 10% or even 15% rally?
Trade closed: target reached
Looking like a fake out
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