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AwesomeAvani

QQQ Established Ascending Channel Continuation

Long
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
AwesomeAvani  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Technical Indicators QQQ NQ SPDR S&P 500 ETF (SPY) index trend
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trendanalysis indicator qqq nq spy index trend
QQQ

On a 2H Chart QQQ started in an ascending channel on July 27th.

The chart shows:

Price rising and above the EMA9

Price tested the bottom of the channel and was rejected.

Relative Strength rose above the running mean

Relative Volume rose above the running mean.

All in all, the chart suggests trend continuation.
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