Having managed to escape the confines of the correction, the NASDAQ index is not rushing to force events, preferring a measured movement in its favorite direction. There are still no signs of a trend reversal, so buyers are unlikely to expect any unpleasant surprises.
The price will likely continue to rise, setting new historical highs with each step. For this reason, it is still recommended to consider entering buy trades as the most promising trading decision.
The current growth is presumably being formed within the framework of the development of Wave 5 of (v), with the target at the upper boundary of the channel within which the movement is taking place.
Investment idea: BUY: 22250, STOP LOSS: 21750, TAKE PROFIT: 23500.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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