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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (8357)5/4/2005 9:03:03 PM
From: Walkingshadow  Read Replies (1) of 8752
 
Yes, I think it will get a bit above $36, to maybe $36.35 or so.

But there is heavy resistance in that region that will turn back QQQQ on this attempt.

Message 21294241

I think QQQQ will spike through the upper rail of the medium-term regression channel, currently at about $36.20:

139.142.147.218

Probably QQQQ will first pull back a bit tomorrow, possibly another day. Then it will rally above $36 to about $36.35 and get turned back to test lower support levels that are strengthening now.

T
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