SamSuka
The Long Investor
The Long Investor

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$QQQ TOP 20

$QQQ performed stronger than the $SPY this week, mainly brought on by the strong moves from $GOOG, $TSLA and $AVGO....with notable mentions for $MSFT and $AAPL too.

Price even broken out of the rising wedge and finished the week above this level too

A break to the upside of a rising wedge is an aggressive move and the first signs of a parabolic move which is likely something we could see in Melt Up scenario

I think for this to happen, $NVDA would need to respond very strong this week and get back above $141 and start moving up to the $160 level which is entirely possible if it reacts on Monday to $AVGO's bullish injection into the sector.

Right now there is no concerns (in the short term) and the Melt Up scenario continues to be the dominant scenario in play.

$QQQ TOP 20

Comments

Hey SK, buy zones are tagged on every Top 20 chart posted. Top 20 get posted every weekend so you can easily search for them. Meanwhile we are working on making the Collections tab better.

Vojtěch Šimeček

It’ll help everyone a lot to go to just one place and see latest list and buy zones.

SK27

Hi Cap. Can you kindly post your current top 20 and latest buy zones in your “top 20 collection” and update them at least on a weekly basis? Appreciate it.

SK27


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