As expected, NASDAQ is currently on pull back before rallying up again retesting the highest pivot point of 10144.
Work Form Home policy has apparently given a significant positive impact of NASDAQ index as stocks like ADOBE has surged in terms of its revenue last week. I see nothing can stop these technologies bunch as it is immune to the recession as compared to brick and mortar business models.
Trading Plan:
i) LONG when it reaches pull back 1 at 9467.3 and pull back 2 at 9279.4 with the target Take Profit point at 10144.
Author:
S.I.D. Aizu
Work Form Home policy has apparently given a significant positive impact of NASDAQ index as stocks like ADOBE has surged in terms of its revenue last week. I see nothing can stop these technologies bunch as it is immune to the recession as compared to brick and mortar business models.
Trading Plan:
i) LONG when it reaches pull back 1 at 9467.3 and pull back 2 at 9279.4 with the target Take Profit point at 10144.
Author:
S.I.D. Aizu
