NASDAQ BUY - APPLE PRODUCT RELEASE AND SNOWFLAKE IPOLooking at buying Nasdaq at respective zones, mainly because of fundamental news and a confirmation with an inverse Head and Shoulders pattern.
Projected TP is 11560, if broken I'm seeing 11800/12000.
If you enjoy my ideas please like and follow, motivates me to keep posting here.
Ustech100
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.
NASDAQ 100 SUNDAY TECHNICAL 13 09 2020HI Traders,
Firstly I wish you a profitable week.
Please go thru my analysis, and what you will notice is that the bullish inclination of nas just before the covid19 drop was not as steep as the inclination from 20 08 2020 to 02 09 2020. so the bullish behaviour just before the 03 drop will surely tell us that the price was faster than the time taken to get there.
So in that being said, its easy to note that sometimes or the other nas100 was going to drop in price. This also seems to be a herd mentality where one investor will run into the same direction of the other investor. Thereafter realising that price was too high then decided to sell and caused this major drop.
Guys please comments on my thoughts of this.
Cheers To your Profits !!