#NQ100: BUY 19800, SL 19600, TP 21000 | 05 May 2025

The bullish sentiment in the stock market persists. The NASDAQ100 index continues to push higher. However, strong bullish intent is not translating into strong momentum — the speed of the movement is gradually slowing down. Still, the potential for further growth remains promising, so it is advisable to keep previously opened long positions active and, if possible, add new ones. As noted earlier, this rise is likely due to the formation of wave (b) of a converging horizontal triangle. It is forming as a zigzag, and the final wave is currently in progress. Since the target is near the previously established all-time high, it would be wise to start locking in profits in advance. Investment idea: BUY 19800, SL 19600, TP 21000.