Nasdaq (-0.74%) made a pullback with above-average volumes, the price stabilized at the breakout line and remained above all key averages. The price action is not bad, we need to identify the next move: uptrend continuation (a price above 11.830 will be very constructive.) vs. failed breakout and a price back to the recent lows.
Trading Plan: 20 March 2023
Trading Plan: 20 March 2023
Trading Plan: 20 March 2023
Nasdaq (-0.74%) made a pullback with above-average volumes, the price stabilized at the breakout line and remained above all key averages. The price action is not bad, we need to identify the next move: uptrend continuation (a price above 11.830 will be very constructive.) vs. failed breakout and a price back to the recent lows.