Nasdaq: Time to Continue its Bull Run Again?

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Hello Fellow Stock Investor/Trader, Here's an Outlook for NASDAQ or NQ1!

Price Action Analysis
1. NASDAQ has rebound on the dynamic support (EMA200) and Multiple Rejection Area
2. Forming a Descending Broadening Wedge, the pattern indicates a bullish continuation pattern
3. Breakout of the pattern confirmed the possibility of the upside movement
4. The Momentum Indicator also made a golden cross, signifying the possible upside movement to the target area.

The roadmap will be invalid after reaching the target/support area.

Support the channel by smashing the rocket button and sharing your opinions in the comment below!

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NASDAQ"

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ملاحظة

-Confirming the bullish outlook, I never thought It would be reached within one day.
- Done Target 1 :)

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ملاحظة

١٦ مايو ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

Reached Target 2 After Waiting for so long :)