The blue trend indicates that if the price action breaks through it we may very well see a rise in price. It is just a psychological price action structure.
However, if we are speaking fundamentally then NASDAQ and US economy is bullish in general.
However, if we are speaking fundamentally then NASDAQ and US economy is bullish in general.
Trade closed: target reached
Trend line was respected 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.