9/7/2019 Stocks break through resistance and head significantly higher on trade hopes. Unsure of market direction, but still wouldn’t buy at these levels.

Category1 1 Minute

QQQ Daily 9_7_2019.JPG

Here’s the daily chart of QQQ. I’ve highlighted the breakout to the upside. QQQ is still near resistance towards the top of the trading range, so I would avoid buying or adding on to your current positions. 

See you next week!

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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 programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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