1/12/2020 Stocks continue relentless move upwards. A measured move up for QQQ would lead to another 3% gain.

Category1 1 Minute

Hi everyone. 

Here’s the weekly chart of QQQ. I measured the length of the previous leg and added it to the recent low price in the chart below. The leg extends to 225 ish so maybe the index will hit resistance there. This is called a measured move up. 

QQQ Weekly 1_12_2020.JPG

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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