QQQ Chart analysis

 

• QQQ 4 Hour chart shows price getting support between 64.60 - 65.30 zone.
• Price continue to trade in a descending channel. Price has to break above the channel resistance line for changing the lower high lower low formation.
• 4 Hour chart shows key resistance line at 200 Period SMA. Bulls need price to sustain above this line for a bigger up move to happen.