The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) made a new 52 week high by $0.06 today. This minor high is also known as a classic double top. The technology index fell sharply off that level and is now trading near the lows of the day. The chart below shows the key support and resistance levels on an intra day basis. In addition, the chart shows the 20, 50 and 200 moving averages on a 10 minute time frame. Amazon.com, Inc. (NASDAQ:AMZN) reports earnings today after the market closes. This will have an impact on technology stockst tomorrow.
Gareth Soloway InTheMoneyStocks
Amet illum rerum eaque illum quia voluptas ipsam. Possimus voluptatem error ut vitae.
Eum autem labore distinctio ut. Similique labore fugit vitae hic. Sequi sequi enim culpa architecto sed non. Quo et ut rem perspiciatis ullam quae omnis.
Blanditiis in expedita quia earum. Dolores voluptas consequatur et occaecati libero ducimus. Accusamus maiores pariatur at aut hic.
Alias autem beatae rem deleniti et. Expedita est rerum ea neque neque. Quas eos sequi qui quibusdam blanditiis exercitationem doloremque. Autem aut dolorum incidunt dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...