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QQQ Forming a Rejection Within the White Zone
A few days ago I shared my thoughts about how QQQ is likely to form a rejection within the white zone. That scenario is playing out very well here, the price has been trending down so far. There is a key resistance level at $486.58, bears want to keep the price below this important level […]Read More
NVDA Retesting the $118 Resistance Line
NVDA is trading near a key resistance level around $118 in an attempt to flip this resistance into support. I would carefully monitor the price action here since NVDA plays such an important role in the stock market. So far there is a bullish rebound forming, and NVDA bulls want to keep the price above […]Read More
Hang Seng Index Could Rally 200% Higher
China’s Hang Seng Index has formed a bullish breakout in September. The monthly candle looks very bullish, and I think there is still a lot more upside over the next few years. The Hang Seng Index could rally 200% higher, and many Chinese stocks could provide 200-600% returns from current price levels. While Chinese stocks […]Read More