There seems to be a lot of negativity about today's drop in the Naz today. Looks like a nice low volume pullback to me. The QQQQ chart looks enticing as a buy the dip play, as long as it holds the support level.
Thursday, January 18, 2007
Charts: AOB and QQQQ
I've been noticing some nice biotech charts of late. AOB is a good example:
There seems to be a lot of negativity about today's drop in the Naz today. Looks like a nice low volume pullback to me. The QQQQ chart looks enticing as a buy the dip play, as long as it holds the support level.
There seems to be a lot of negativity about today's drop in the Naz today. Looks like a nice low volume pullback to me. The QQQQ chart looks enticing as a buy the dip play, as long as it holds the support level.
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