#NQ100: BUY 20000, SL 19500, TP 21000 | 07 May 2025
07 May 2025, #NQ100
Another trading day passed relatively calmly. Attempts to continue the upward movement were unsuccessful, and the price action has stalled somewhat. This is quite normal and is associated with the formation of internal corrective waves. In the near future, the price is expected to resume its upward movement in an impulsive manner, completing wave (b) of the presumed converging horizontal triangle. Thus, the previous trading recommendation remains valid: buy and hold positions until the price approaches the previous all-time high. Investment idea: BUY 20000, SL 19500, TP 21000.
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.
