Looking at QCOM is very important because it has just been straight up.
Semi's such as NVDA, AMD and QCOM are what is propping tech. While SPY had a bearish day on Friday, the continued upside pressure from QCOM, AMD and NVDA salvaged QQQ and its important to pay attention to the strong performers right now if you are an NQ1! or QQQ trader (just generally a NASDAQ trader).
Despite QCOM going straight up, if we look at the breakdown of where it is in relation to Standard Deviation and where the volume accumulation rests, continued upside is actually the expectation here:
We may see some pullback but watch those conditions.
Bias is bullish overall.
Not advice, blah blah blah.
Semi's such as NVDA, AMD and QCOM are what is propping tech. While SPY had a bearish day on Friday, the continued upside pressure from QCOM, AMD and NVDA salvaged QQQ and its important to pay attention to the strong performers right now if you are an NQ1! or QQQ trader (just generally a NASDAQ trader).
Despite QCOM going straight up, if we look at the breakdown of where it is in relation to Standard Deviation and where the volume accumulation rests, continued upside is actually the expectation here:
We may see some pullback but watch those conditions.
Bias is bullish overall.
Not advice, blah blah blah.
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- Live Updates,
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- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Get:
- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Now on X!
- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Now on X!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.