Nasdaq price is overextended to the upside as shown on the RSI.
Price has made a significant divergence where we can expect an impulsive move to the downside if the support 12030 is broken.
First target would be 11800, 2nd target 11600.
The risk reward is particulary interesting.
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This isnt financial advice, just a share opinion
Price has made a significant divergence where we can expect an impulsive move to the downside if the support 12030 is broken.
First target would be 11800, 2nd target 11600.
The risk reward is particulary interesting.
------------------------------------------------------
This isnt financial advice, just a share opinion
Comment:
Stop move to break even
Comment:
Target one reached. Stop move top 12030
Trade closed: target reached