CQQQ is a at a critical support level. Most of the news coming from China on the deadly virus has had an impact on investor sentiment and the ETF has seen a dip from our earlier identified level of potential resistance to a new level of expected support
We can see when we apply the Gann fan, the price has moved beautifully in the range and has tested the resistance lines as seen. I have drawn a nice support line and price seesm to respecting the line
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We can see when we apply the Gann fan, the price has moved beautifully in the range and has tested the resistance lines as seen. I have drawn a nice support line and price seesm to respecting the line
Look out for more action on this piece
Please follow for regular updates
Do share a thumbs up if you like what you read
Cheers
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If you love what you see, pls share a thumbs up and a comment in the section below
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.