The analyst predicts that QQQ will breakout from a bullish wedge and run higher until NVDA earnings at the end of August.
QQQ is staying within a bullish wedge formation, expected to breakout and run until NVDA earnings.
$QQQ staying within the formation of this bullish wedge She will breakout and run until $NVDA Earnings at the end of August. https://t.co/vDpqfMiy2z
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.4% | -0.5% |
| 1 week | +4.1% | +3.2% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |