NASDAQ
Nasdaq trades in a medium-term uptrend opening the way for further gains and new highs while a break below $26300 support may lead to a retest of $25300 in today’s trading.
|
Support |
26300 | 25300 |
| Resistance | 27000 |
28000 |
The Nasdaq index recorded a positive performance during today’s trading, continuing the upward momentum that has dominated its movement in recent sessions, supported by the ongoing strength in technology stocks and a relative improvement in risk appetite. This rise reflects growing investor confidence in the growth sector, particularly with the resilience of major companies’ earnings and easing pressures related to interest rates.
However, this movement remains dependent on the index’s ability to maintain its current gains, amid ongoing anticipation of economic and geopolitical developments, which may lead to more cautious price action in the الفترة القادمة with the possibility of short-term profit taking.
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