📈 Nasdaq – Daily Breakout Alert!
Wonderful breakout spotted on the Nasdaq Daily Chart after a prolonged consolidation of nearly 2 months. If the price sustains above 19,945 and breaks past the key resistance at 20,060, we could witness the beginning of a fresh rally in the index.
🔍 All eyes now on the price action in this critical zone. Continuation above these levels could trigger strong bullish momentum — assuming no major global turmoil disrupts the setup.
#NASDAQ #Breakout #TechnicalAnalysis #USMarkets #BullishSignal #ChartWatch #TradingView
Wonderful breakout spotted on the Nasdaq Daily Chart after a prolonged consolidation of nearly 2 months. If the price sustains above 19,945 and breaks past the key resistance at 20,060, we could witness the beginning of a fresh rally in the index.
🔍 All eyes now on the price action in this critical zone. Continuation above these levels could trigger strong bullish momentum — assuming no major global turmoil disrupts the setup.
#NASDAQ #Breakout #TechnicalAnalysis #USMarkets #BullishSignal #ChartWatch #TradingView
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The breakout above 20,060 played out beautifully — the rally extended up to 20,276, right in line with expectations. Currently, Nasdaq is consolidating but remains strong on the charts. Key support has now shifted higher to 19,900, and any dip toward this level could present a solid buying opportunity with a SL of 19,810.
On the upside, resistance now sits at 20,270+; a break above this could open the door for the next leg of the uptrend. Watching closely!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.