Thursday, February 7, 2013

Nasdaq 100 tight pattern


Nasdaq 100 hourly chart ;
Focus on those two arrows (red and light green)
Tech charts on my radar list ? Google (GOOG) ; perfect break out or fake move?
Apple oversold ? Or current gap acting as a major resistance ?
Microsoft, stuck with 28 as a key resistance
Qualcomm (QCOM), like Google, clear break out or fake move ?
Gut feeling ? Watch Apple ... it will dictate the next move in the Nasdaq 100 !

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