November 2, 2012

QQQ Support and Resistance levels

 
  • QQQ 4 Hour chart shows bulls trying to protect 64.60 - 65.30 zone. This zone acted as resistance and it is acting as support now. Bears must break below this level for a bigger breakdown.
  • One hour chart shows resistance at 100 Hour SMA. Price must sustain above this level for a bigger up move to happen.
  • FORD MOTOR IHNS PATTERN
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