Thoughts on $EMQQ breaking 34 by end of week
Been watching $EMQQ lately, and it's had a decent run today, hitting 33.48 at its high, currently at 33.475. It seems to be holding strength with the broader tech rebound, though $ABC is pulling back a bit, and $COMP is only showing modest gains. My gut says there's a good chance we see it push through 34 before the end of Friday's session, assuming no major market-wide shake-ups. I'd put the odds around 65% for that move. The reasoning is largely based on the momentum it's showing on a fairly green day for tech, coupled with what seems to be continued retail interest in these types of growth-oriented ETFs. The daily range has been consistent, suggesting buyers are stepping in at dips. If it can clear 33.50 convincingly tomorrow morning, that momentum could easily carry it higher.
It's certainly shown some strength, but that 34 mark can often act as a psychological resistance. I'd be watching volume closely if it attempts that level again, especially heading into a Friday close.