Where Will QQQ's Next Support Level Emerge?
Welcome to Thursday Special!
Despite growing signs that inflation was stickier than many had hoped and that rates would need to stay higher for longer, the stock market partied on.
Even amidst such uncertainty, online voters have crowned the $Invesco QQQ Trust-ETF(QQQ)$ as the mighty guardian of the $434 support level:
Now, savvy readers, what's your take on this intriguing idea?
Where do you predict the next few support levels for QQQ will emerge?💬
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Where do you predict the next few support levels for QQQ will emerge?
All valid comments on the following post will receive 5 Tiger Coins
Based on moving averages, a potential support level could be around $435, which is near the 50-day moving average.
having said that, it's challenging to time the market. QQQ is an easy one to just set auto invest & forget, no sweat, no toil