2/3/2020 Stocks close a bit lower but recover today (Monday).

Category1 1 Minute

Hi everyone. Sorry for the late blog post, and I hope you enjoyed the superbowl if you watched it!

Below is the daily chart of QQQ. The upward momentum has come to a halt and I suspect we will stay at around these levels for a few weeks. I think selling near 225 is a good idea, but if we stay at or near 225 for a while, I suspect we will break higher again. 

QQQ daily 2_3_2020

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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