I'm expecting some bounce back in NASDAQ:IXIC as per my Technical Analysis.
It has moved out of Parallel Channel which it was following since start of this year. It is currently following a downward trendline. On Upside, it can touch levels of 11384 really quick, as bounce from current levels would be sharp.
Chances of fall looks bleak, but if it does then it...
Hi fellow traders, It's slowly time to buy US Tech stocks again after this complex zigzag correction in 5-3-5 formation is coming to an end on the IXIC index. Target the previous top. Goodluck!