- QQQ has given a positive signal from the double bottom formation by a break up through the resistance at 294. - Further rise to 327 or more is signaled. - The stock is between support at 318 and resistance at 334. - A definitive break through of one of these levels predicts the new direction. - Volume has previously been low at price tops and high at price bottoms. - Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN
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