10/3/2021 Markets down this week, with QQQ dropping the most. When QQQ dropped this much the past 3 times, it quickly broke to new all time highs.

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Hi everyone, welcome back.

Markets are down this week, with technology leading the way down. Futures are indicating a small gap down, and most of the time the index recovers after a drop of this size.

QQQ weekly chart below:

I’m still holding onto my WBA swing trade, which is now about break even. I still have my long term BABA position.

BABA weekly chart below. I have a limit order at 130 to purchase more shares. My current average purchase price is around 170.

I’m still waiting for INTC and ABBV to drop more before starting a position in them.

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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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