NASDAQ. On a long-term strategy perspective, the current trend zone is identified as an uptrend, and a buy-and-hold strategy is recommended.
On a long-term strategy perspective, the current trend zone is identified as an uptrend, and a buy-and-hold strategy is recommended. The uptrend zone is divided into an 'Uptrend' and a 'Correction Trend'. Within the uptrend, there is a strong upward momentum with occasional downward movements. Additionally, while the short-term outlook suggests ongoing upward movement, a correction trend is anticipated to commence soon, prompting specified buying and selling timings. Currently, the upward trend is being sustained with a strong likelihood of significant upward movement within the next 10 days. Consequently, maintaining the current 'buy (bullish)' and 'hold' position is advised, with a suggested optimal buying timing forecasted for 2 days later. Mar 04, 2024 NASDAQ closing price 16,207.5 -0.41% ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitable for the trend