Tuesday, June 27, 2023

Nasdaq 100 - Broken Line of Defense, Traded $7,664,421 USD






The Nasdaq's price action was so tricky last evening. It went up first and then swung all the way down the whole night. The process of price running up was a fake breakout because it was so steep and furious that buyers got caught in chasing higher prices to only realized that it tumbled all the way down. Tesla, Nvdia, Google, Meta and all major big tech experienced major selling across the board because traders were all looking to take profits in the recent rally. Me myself as usual, trade $7.664,421 USD down the market with confidence because I bought way before the fake breakout and sold near peak. It's getting tougher and it's time to maybe take a break? 

Ronnard - Market Psychologist - A Stock Market Opportunist