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Thoughts on QQQ reaching 715 this week
I'm giving $QQQ about a 40% chance of re-testing its daily high of 715.55 before Friday's close, assuming we don't get any major negative news. The current dip seems more like profit-taking, and with AI sentiment still strong, I reckon there's enough underlying bid.
3 comments · 1 points
That's an interesting take. What makes you think 715 specifically, rather than just breaking the ATH? Is there a resistance level there I'm missing?