QQQ had a bullish weekly open with a gap higher. I have updated my charts, and I have the red resistance line as a key price target of interest at $446.09. I think QQQ could have some upside this week especially if we get some strong data and strong earnings announcements from the Mag 7.
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RKLB has been trading within this yellow range since Apr. 2022, and is attempting to form a bullish breakout here. There is resistance around $7.69 that needs to break for RKLB to climb up higher. The momentum is pretty bullish on this move, but I wouldn’t be surprised to see a rejection here. If RKLB […]
Read MoreASTS had an incredible rally from $1.85 to $36, but the price is starting to face resistance between $29.75 and $36.20. Right now ASTS is trading near the lower end of this resistance zone around $29.75, and I would monitor for a rejection here. The price could start to break down lower over time. Follow […]
Read MoreThe NASDAQ has formed a strong overshoot above a key resistance level, and I think there is a strong narrative for a melt up in the stock market. However, I think both the bullish and bearish narrative would have some downside over the next few weeks. I can see NDX dropping to around $17,500 to […]
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RKLB has been trading within this yellow range since Apr. 2022, and is attempting to form a bullish breakout here. There is resistance around $7.69 that needs to break for RKLB to climb up higher. The momentum is pretty bullish on this move, but I wouldn’t be surprised to see a rejection here. If RKLB […]
Read MoreASTS had an incredible rally from $1.85 to $36, but the price is starting to face resistance between $29.75 and $36.20. Right now ASTS is trading near the lower end of this resistance zone around $29.75, and I would monitor for a rejection here. The price could start to break down lower over time. Follow […]
Read MoreThe NASDAQ has formed a strong overshoot above a key resistance level, and I think there is a strong narrative for a melt up in the stock market. However, I think both the bullish and bearish narrative would have some downside over the next few weeks. I can see NDX dropping to around $17,500 to […]
Read More