Nasdaq 100 broke above MA20 and the light blue downtrend line earlier. It is now challenging the orange up-channel bottom, MA50, and 23.6% retracement level. Should it recover these resistances, the double bottom target would be at the black horizontal line around 15600.
Also, more than 400 stocks recovered MA50 today, including MSFT, TSLA, and GOOG. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma50=Close%20cross-over%20MA50
360miq.com/market?data=NASDAQ#tab-3
