displyn

QQQ 108 is resistance

NASDAQ:QQQ   POWERSHARES QQQ TRUST
6 1 2
QQQ: The confluence of the two moving averages the 100 & 200 sma at the 108 resistance level is formidable for the Q's.
jofansiwork PRO
8 months ago
hi, the Support line is too low. maybe at 100.59.
My Point of view is the Weinstein Steps work better in this case. we are in the Step 2 that means in an up trend (Long term).
Short term, the MACD Shows a Price decrease or a small pull back. We are above 80 ,. The share is overbought.
The martket has to cool down a Little bit before running up again until your resistant line at 115.24

cheers
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out