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

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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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