ClearValue Team Insights
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March 15 NASDAQ Update – QQQ is Bearish Below the Yellow Trendline
$QQQ opened with a bearish gap below today, and had 3 days of bearish price action so far. The weekly candle looks bearish, and there is risk for more downside. There have been numerous rebounds below the yellow trendline so I just want to monitor and make sure the price continues trending down the next […]Read More
ADBE Strong Selloff and Potential Buy Opportunity
$ADBE met earnings expectations yesterday, but set low guidance for 2024. ADBE is having a strong selloff from this low guidance, and this selloff is taking place near previous all time highs. I think ADBE is a very bullish stock, and I am interested in buying this dip. I’m thinking there will be a buy […]Read More
SNOW Continues its Meltdown Towards the Price Target
SNOW has been playing out very well, I thought there would be some bounces along the way, but it has been a lot of downside with little bounces. I’m patiently waiting for $149-150. I wouldn’t be surprised to see a move down to the yellow trendline at $142.20 either, we’ll track and see how SNOW […]Read More