$QQQ TOP 20
Added 2024-11-06 17:25:51 +0000 UTCThe $QQQ has made an intraday 52 week high but may not end the day above the green line at the ATH level.
I do not see this as a rejection, I see this as the first attempt and breaking above this level....similar to that of $AMZN knocking on the $200 level.
Bulls want to flip $503 to support and we would strongly consider the 'Melt Up' Scenario for the remaining part of the year....a possible 15-18% climb....this could also carry forward into the start of 2025 too.
Comments
Can we invest now on QQQ?
Naveen Kolli
2024-11-06 17:30:51 +0000 UTC
