With the techs rising after Apple's magnificent earnings, it looks like the techs might continue to move up. Provided the QQQ can break above the 15 min ascending triangle.
The above is the 15 min chart of QQQ.
A possible 15 min ascending triangle might be forming and a breakout might help to send tech stocks higher for 1-2 days. The area to watchout will be the lows of the ascending triangle. If QQQ breaks below it, then some correction might happen.
The 60 min chart above of QQQ shows that it is still in a 60 min uptrend. It broke above a 60 min ascending triangle and thus the techs moved up. Short term resistance is the former highs.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
Mar 18, 19 09:23 AM
Analysis of what is going on in US stock market as well as highlights of some stocks that are forming significant patterns.
Mar 15, 19 01:07 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq Composite. If Apple does well, it will be go…
Mar 15, 19 12:59 PM
Technical analysis and trend analysis of Bahvest stock price. Borneo Aqua Harvest.
Mar 15, 19 08:40 AM
So a friend asked me if Dayang will continue to go up. I guess many are wondering the same question as well. So let's take a look at what the charts are saying.
Mar 15, 19 08:30 AM
Let us take a look at the technical outlook and charts of WTK Holdings.