$QQQ TOP 20
Added 2023-10-26 16:19:30 +0000 UTC$QQQ has dropped out of the bear flag now and moving close to the 200 Day MA, we are seeing a lot of this on many charts right now as we await $AMZN's report.
I think it is a little too close for comfort right now.
Either the market is trying to get maximum value of the price or there is real concern that a breakdown is going to happen.....we are hoping that there is support found above the 200 Day MA.
Please, do not make any wild decisions at the moment........even buying fundamentally strong companies is difficult so buying anything high risk is not encouraged right now.
Comments
I truly believe it's a breakdown. But time will tell. One can only hope at this point.
V
2023-10-26 18:00:11 +0000 UTC
