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.