2400 or 2500

[drmarkan]

Thought it would be fun to get a consensus view of which hits first on the NASDAQ. Personally, I think we retest 2500 first. We still have bullish momentum (5,10 oscillator) on the daily chart, with the stochs pulling back to the even line (I consider the 50 line to be even for oversold/overbought conditions). I'd like to hear other thoughts.

 

[stock_trad3r]

Um 2500

 

[Anunakki]

I vote 2500.. but then we go back to 2400

Cool how we hit the 23.6% fib line on Jan 3rd almost perfectly.

If I were to throw a dart Id say we churn between 2500 and 2400 for the next 2 months and then we waterfall down to ~2320 ish.

Then back up....that woudl be a nice ~6% correction

 

[Bowgett]

2500 4 50.00%
2400 4 50.00%