Last week Nasdaq tested the support and bounced bullishly attempting to recover. The price dropped back to the support but could not close below it.
The price rejections on the support, rsi bullish divergence, and double bottom indicate a bullish move in the coming week.
Initial targets are 12600 and 13150.
The price rejections on the support, rsi bullish divergence, and double bottom indicate a bullish move in the coming week.
Initial targets are 12600 and 13150.
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Note
First target reachedDisclaimer
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.
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.