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

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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 graduated from Boston University in May of 2020. I majored in Finance and minored in Piano Performance. I’ve always found the financial markets fascinating so I decided to start this blog to share my experiences. Outside of stock trading/investing, I enjoy teaching and playing piano, fishing, watching anime, and teaching/playing "Go," an ancient Chinese strategic board game.

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