Home Nasdaq Price Analysis: Bulls eyeing the 9000 mark, bullish

Nasdaq Price Analysis: Bulls eyeing the 9000 mark, bullish

Published date: 24 Apr. 2020 | 19:22

Nasdaq recovery remains for now intact.
The level to beat for buyers is the 8800 resistance.

Nasdaq daily chart

Following the coronavirus-related crash, the Nasdaq is recovering sharply while trading above the main SMAs on the daily chart.

Nasdaq four-hour chart

The bullish recovery remains in place as the market is looking for a break above the 8800 level en route for a test of the 9000 mark with a potential run to the 9400 level. On the flip side, Support can emerge near the 8520 and 8310 levels

Additional key levels

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