July 4 QQQQ

bluesky10

Summary of QQQQ:

1. 50 MA started going down on May 17.
2. 200 MA and 50 MA are approaching.
3. 50 MA acted as resistance on  May 15-16 and June 21 as short term tops.
4. QQQQ 10 consecutive lower candles.  
5. Mid term trend is down. likely the 200 MA (currently at 45) is the resistance. It is a gap.
6. Indicators such as RSI and MACD are oversold.

In mid term (several months?), the trend is down. In short term, a oversold bounce is very likely. The gap at 45 (also the 200 MA) may be the target.

ranchgirl

thanks a lot!

bluesky10

才两天，QQQQ到44了，到45至少得卖掉一些.

bluesky10

QQQQ不但过了45，马上到46了，intel ER不错，明天market高开，到46附近先卖了.

回复 3# bluesky10

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