It seems that the US stock market does not intend to decline in the near future. The NASDAQ index continues to move higher steadily, albeit slowly. A small pullback did occur but was quickly eliminated.
The start of the new trading week appears to be favourable for buying again. This rise is currently viewed as wave 5 in the forming upward impulse, however, if the price decides to accelerate, we may witness an extension within wave 1, 3, or 5.
In any case, buying and holding long trading positions in the near future promises fairly good profits.
Investment idea: BUY 23660, SL 23450, TP 24300
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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