Saturday, March 16, 2013

QQQ - Trading view

Can you see a rising wedge on the daily chart?

This is a bearish pattern, but if price can hold the 10 days e.m.a., one shouldn´t discard another move higher to at least 69.52.
I am expecting a test to the gap ([67.52, 67.94]) or even 67.23.


Trading levels: 67.23, 67.52, 67.94, 68.23, 68.34, 68.52/55, 68.70, 68.81/86, 69.02 and 69.52.


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