2 thoughts on “3rd day of QQQ short term up-trend”

  1. You answered your question yourself. All we can know is that FB is in a down-trend. A trend follower would short it or wait for a bottom to be in place and a new rise to begin before going long. With an IPO, which by definition has no long chart history, I wait until it forms a base and reaches an all-time high to buy. When/if FB breaks 45, I would be interested in buying some.

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