NASDAQ Bank AnalysisNasdaq Bank experienced a Breakout after 7 months of Sideways movement and reached the top of the Trendline. The market has now returned to the Breakout point, retesting the Sideways range or the 0.6 Fibonacci Retracement level. A Triangle Pattern is forming, and if the Uptrend continues, the target is R1. If the market closes above R1, it is likely to move toward the top of the Trendline.
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