SamSuka
The Long Investor
The Long Investor

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$QQQ TOP 20

Sometimes when we look at the $QQQ chart, we can just see the amalgamation of the $AAPL and $MSFT chart, it is starting to look just like the $MSFT now, very similar setups. 

The RSI and MACD are showing the same signs as the $MSFT too, starting to show downward movement after hitting the yellow trendline.

So What Now?

What we are looking for here is whether or not this pull back is Wave 4 or the start of a downtrend to Wave C in red. The formation pattern is still in a bearish flag, so again, a lot rests on the earnings reports and guidance from the heavy influential mega cap stocks. 

$QQQ TOP 20

Comments

Hi Ivan, just sent a message to you with the link to the Telegram. Thank you

Gareth Neary

Hi! How I can join the Telegram group? Thanks! 🤩

I.A


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