NAS100: Riding the Bullish Wave Higher

NAS100LongIntraday4d ago4 views

Trade Setup

Entry Price

21551.00

Stop Loss

21408.00

Take Profit

21908.00

Risk : Reward

1 : 2.50

RiskReward

Trend Confirmation & Intraday Play


NAS100 is firmly bullish. The trend is your friend, and we're seeing strong momentum, up 0.37% today at 21579.28. My conviction is for a continued push higher. I'm looking for an intraday long play: Entry at 21551. This level has shown decent support, aligning with the 21550 support zone.

Levels & Targets


Technicals are lining up. We're holding above key support at 21550. My stop loss is tight at 21408, just below the day's low of 21460.36 and the 21500 support, managing that aggressive risk. Upside potential is strong; the initial resistance at 21698.21 (today's high) and 21700 will be key hurdles. My target is set at 21908, anticipating a breakthrough on continued tech sector strength. Watching closely for volume.

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