Invesco QQQ Trust, Series 1Updated QQQ back above long term resistance
As you can see, the bullishness continues and QQQ is back above the long term trading channel.
Trade active
Trade closed: target reached
Bulls just keep on pushing it up
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AI still keeping things bullish. Broadcom jumped 25% today.
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Still climbing
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Today was pretty quiet after a big run up the few weeks. AI stock had a great few days, with Broadcom up like 40%. For me, things are getting pretty overheated, and I took some profit off my high flying tech stocks, including a little QQQ.
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Ouch, today was a rough one. Case of buy the rumor, sell the news? Thankful I took some profit yesterday.
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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.