I am a day trader, so I am paying attention to breaks of consolidation, or finding contraction and looking for an entry on expansion. I think that if we continue with our trend we will see a major bounce off of 130 going into earnings. LIVE TONIGHT
Keep it simple, I will be back with more updates from now on. Meta is currently sitting at its channel support looking for either another touch of support. My bet is we head up to fill this gap. I will keep yall updated on the moves throughout the week.
I have linked the $QQQ Video below
watching Volume and price action we have found ourselves at a major stopping resistance. With QQQ at the top of a well respected channel and $MSFT struggling to stay up we could see a pullback in the weeks to come.