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June 2nd, 2020: QQQ Daily and Weekly Charts

Posted by pugsma on June 2, 2020

QQQ Daily Chart:

QQQ Technical Analysis

QQQ Weekly Chart:

QQQ Technical Analysis

3 Responses to “June 2nd, 2020: QQQ Daily and Weekly Charts”

  1. pugsma said

    Week long, bullish continuation triangles have formed across many Big Tech names like AAPL and AMZN.

    This breakout could push QQQ much higher towards the minor 5 = minor 1 target of 146.44 (+ 10% from 134)

  2. rat8nine said

    qqq 60 – I can’t mark the 216 area because it’s off the chart in terms of price info….but it’s easy to see how it can get up there. Much would be made of a break of the all time high, and aside from the 5=1 target, the 1.128 external retrace lies at 246.15

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