6/9/2019 Stocks Bounce near the previous support level. I’m not convinced that this price level will hold for more than a couple weeks.

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Hi everyone. QQQ hit below 170 before having a large bounce to end the week. The move is surprising, but I’m not convinced that this high price level will hold. If you plan to go short or sell your position, the resistance zone in the 185-190 price range looks like a good idea. 

QQQ Weekly 6_9_2019

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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU, and am currently working on a company with my twin brother. I'm currently teaching Go full time, which has been the best job I could ever hope for.

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