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U Rebounding Near All Time Lows
$U is trading near all time lows in the light blue support zone between $25.28 and $27.31. I think U tends to have wicks down for a discounted buy opportunity, and I would look for an entry with those wicks around $22.28. It’s not a bad idea to have an order in place to see […]Read More
NVDA Sellers at $920s on the Final Day of GTC 2024
Today is the fourth and final day for NVDA’s GTC 2024 event. There has been neutral price action throughout this 4-day event, and $NVDA is now trading above $900s again. The daily candle is red so far with sellers around $920s. There is an important yellow resistance line that gives a price target around $966, […]Read More
March 21 NASDAQ Update – QQQ Back Above the Yellow Trendline
The NASDAQ had a bullish rebound from yesterday’s FOMC announcement, and $QQQ is now trading above the yellow trendline again. Looks like we are continuing to trade around the trendline for longer, and my next few trades will be shorter term swings around the trendline. The price is above the yellow trendline, and this is […]Read More