$QQQ TOP 20
Added 2023-08-21 19:00:26 +0000 UTCOff to a very good start here, continued its bounce today after a strong finish to last week, after holding at $354.
Performed well today as the Mega Caps are leading this recovery, $TSLA and $NVDA being the notable front runners.
The 50 Day MA on the 1HR has acted as a resistance level so far and it has been since this pull back was confirmed on the 2nd of August when it lost it as a support line.
To confirm a reversal now, we would need to see the price action hold above the 50 Day MA, this would be signs of a reversal.
I think it will all come down to Wednesdays earnings report.
