QQQ - Challenging the 200 DMA Rejection Narrative

SmartReversals
05-11

$Invesco QQQ(QQQ)$ - Challenging the 200 DMA Rejection Narrative

Isn't there too much consensus about the rejection at the 200 DMA?

Sometimes the Bollinger bands have encrypted messages, and the more a level is tested, the higher the chance it eventually breaks.

The invalidation to the bullish thesis is right at $490.

it is at resistance more: This is one approach about the 200 DMA rejecting price, for that reason the expression of bullish thesis invalidated.

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