The price is bouncing between the bullish trendline and the resistance and it's creating a triangle. Once it breaks one of those levels it may start a new strong trend. The breakout must be confirmed by very high volume to avoid fakeouts and pullbacks.

The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Beyond Technical AnalysisbreakoutChart PatternsETFpowersharesQQQswingtradingTechnical AnalysistradingTrend Analysis

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