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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (703)7/15/2001 6:02:18 AM
From: Venditâ„¢  Read Replies (1) of 8752
 
Hi Jill!

Re: QQQ

Short term stochastic shows a near over-bought condition. Main upper resistance is at $44. A close above that level is needed to maintain this up-trend. Approxinately one to two more days are left in this cycle as a top forms. Sideways movement as this happens is highly likely based on these charts.

This week A move down to fill the gap at $41.05 seems likely IMHO.

askresearch.com

Lower supports are as follows;

43.20
42.91
42.37
GAP
41.05 - Fair support

Custom charts; (3-Day 15-min time frame)

angelfire.com

(1-year weekly time frame) shows medium term support at 39.66.

angelfire.com

All JMO
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