QQQ - Rising Trend Channel [MID TERM]

- QQQ has given a positive signal from the double bottom formation by a break up through the resistance at 294.
- Further rise to 327 or more is signaled.
- The stock is between support at 318 and resistance at 334.
- A definitive break through of one of these levels predicts the new direction.
- Volume has previously been low at price tops and high at price bottoms.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN

Verify it first and believe later.

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