NASDAQ:QQQ   Invesco QQQ Trust, Series 1
The QQQ is safe long term investment. Fear and the ending of the pandemic has caused more then just a normal pull back. Precisely down about 30% from all time highs, makes QQQ a buy. Currently, QQQ has bounced nicely off a key level as you can see in the FIB retracement. The arrows is the direction where I believe it is going. The next stop is the yearly 20 day MA and then showing a slight pull back. If it holds on the pull back, we should see another bounce and going to all time highs by the end of the year. Overall I will continue to buy the dips and hold on for long term gains.
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.