NASDAQ TRADE IDEA We are seeing another rally due to vaccine hopes as well as the potential purchase of a cancer research company from Gilead. Also some more news later this week from Apple and Tesla which could potentially lead to another rally.
Right now I'm waiting for price to fulfil this gap and then make a decision based off how price reacts to this zone, currently selling down to market gap or at least 11150.
Ustech
NASDAQ SETUP11200 is a crucial point for today’s move, if we get a bounce we will be seeing new highs on Nasdaq, potentially 11500+ and if we get a breakout then we’ll be heading down to 11150 / 11050 / 10950.
Looking at a 2500 PIP move with a 500 PIP SL for some room, once we get confirmation on direction we will protect entries.
With a 0.01 on Veracity Markets and a 1.00 on XM you’ll be risking R850 to make a potential R4.2K.