Nasdaq Holds Support at 20,080 with Bullish Potential
Nasdaq Technical Analysis:
The price has reached our previous target of 20,350 and reversed back to its support of 20080.
Currently, the price needs to break below 20,080 to target 19,900, with a potential further decline to 19,690.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.
Key Levels:
Pivot Point: 20080
Resistance Levels: 20190, 20350, 20540
Support Levels: 19900, 19690, 19540
Expected Trading Range for Today: 20350 to 19900
Trend:
Bullish: While above 20080
Bearish: If 20080 is broken
previous idea:
The price has reached our previous target of 20,350 and reversed back to its support of 20080.
Currently, the price needs to break below 20,080 to target 19,900, with a potential further decline to 19,690.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.
Key Levels:
Pivot Point: 20080
Resistance Levels: 20190, 20350, 20540
Support Levels: 19900, 19690, 19540
Expected Trading Range for Today: 20350 to 19900
Trend:
Bullish: While above 20080
Bearish: If 20080 is broken
previous idea:
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