Traders are watching this Rounding Bottom on NDAQ. Inspect the chart now.
Gradual reversal from bearish to bullish.
Traders are watching Nasdaq, Inc. (NDAQ) as price action tightens. Price has moved to $92.09 (1.85%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. The trend indicator is reading 32.4/100, suggesting moderate momentum. A potential breakout level is identified at $95.26, targeting $113.97 with support near $85.91 (R:R 2.0).
What is your outlook on NDAQ?