PhiliciousP

PhiliciousP

Nasdaq has gone against its climbing walling and seems to be heading higher. I see this as a buying point. Technically its looking good. Also we have a blue presidential race ahead that the market seems to like along with more stimulus on the way. Reports on their way. I believe nasdaq will go past its previous highs at approx 12050 and then move up into 12500...

PhiliciousP

Nasdaq is getting close to its previous high at 12056. I believe we will break it and possibly move up to 12300 then get a dip down again as the RSI will be high at those levels. My strategy is to hold now and wait for RSI to go high. There´s a strong momentum now and the previous dangerous touch to 50-day moving average is long gone. NASDAQ need to go above 12056...

PhiliciousP

Nasdaq has gone up through 50-day moving average fairly strong. This indicates a good buying opportunity, and also together with the fact that the RSI has been down. From here on I would assume that the market is optimistic and we will test previous highs. The market seems to have priced in our potential new world we need to live in for a while and not even a...

PhiliciousP

Chart looks like Nasdaq has had a hard dip but now recovering. I would prefer a little bit more up before confirming that BULLs are back. Also new 2.2 trillion aid package seems to be on the way, this will serve as a new catalyst. If NASDAQ ticks up a bit more it would be a good buy signal.

PhiliciousP

Nasdaq is at a critical level right now where it actually closed a little bit below 50-day average. If it moves down further we will see a big drop. My strategy is to see if there comes a strong double bottom signal. I have taken profits and waiting for what will come. Enjoy!

PhiliciousP

Hey all! Nasdaq broke through upper support at 11850 which indicates we shall have a fast quick way up now that I believe will be followed by a fall. People are getting in at any price now and don't care about valuations which always leads to a downturn. Also, RSI is now extremely high. At this RSI NASDAQ has always come down. How low not sure:), but we need to...

PhiliciousP

Today Nasdaq officially created a strong W formation as you can see by the GREEN line. Right now market is pretty strong as this day started out with Nasdaq actually going under the lower channel line but bounced up again. My bet is that it will slowly move up again hit the upper channel. Extra good news are that we also have reports coming in for a lot of the big...

PhiliciousP

NASDAQ is running smoothly in the corridor all looking good. RSI is moving a bit higher which suggest their will be a pop UP in NASDAQ. 2 days NASDAQ actually hit the top ceiling which made it fall back a bit, very healthy. I expect NASDAQ to slowly move bit to the side and then pop up, this it what RSI indicates and also there are positive news coming, we have...

PhiliciousP

NASDAQ hit the ceiling and seems to go down to the floor again. This also helps relax the tension, RSI. Long term it's a buy as we have very good sentiment, a reopening across the world. There are hurdles but the worst has past I believe. Right now we have money coming back from the sidelines who sold in march/April.

PhiliciousP

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