QQQQs in an Upward Trend
Posted by | Posted in ETFs, Trades | Posted on 25-10-2007
Regardless of day-to-day volatility, the QQQQs are still in a strong uptrend and don’t show signs of slowing down. In fact, I’ve heard several times of the past month that technology is where it’s at — and the QQQQs are have alot of great tech stocks.
- It’s trading above it’s 50-day moving average
- It’s trading in a very steep channel and despite an occasional dip, it generally stays within the channel
