Nasdaq gapped up (+3.60%) with above-average volumes but not higher than the day before. Some growth / Technology stocks rebounded nicely yesterday and helped the index move higher as well. The price is still under the main averages. Watching the marked levels: 13850 and 12700. To talk about a constructive base, the 12700 level must hold.
Trading Plan: 10 March 2022
Trading Plan: 10 March 2022
Trading Plan: 10 March 2022
Nasdaq gapped up (+3.60%) with above-average volumes but not higher than the day before. Some growth / Technology stocks rebounded nicely yesterday and helped the index move higher as well. The price is still under the main averages. Watching the marked levels: 13850 and 12700. To talk about a constructive base, the 12700 level must hold.