2/10/2020 Stocks continue higher for this week yet again. I suspect we will go even higher since we broke out of the range I was speaking about last week.

Category1 1 Minute

Hi everyone. I didn’t get to blog yesterday and I suspect that posts will have to be on Monday now since the weekends are very packed for me this semester. Sorry again that I missed the post yesterday. 

Let’s look at the daily chart of QQQ below. Last week I spoke about the range from roughly 217 to 227, and I suspected that if we broke above that range, we would continue much higher, and vice versa if we broke below the 217 level. We broke above that range last week, and went up quite a lot today as well (Monday). There aren’t any signs that this upward move will end anytime soon. 

QQQ Daily 2_10_2020

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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