$IFAST (AIY.SG)$ Analysts want to push Nasdaq higher, so thi...
Analysts want to push Nasdaq higher, so this stock will continue to rise. But this will be another bear rally.
IFast broke out the the 5.40 resistance. May reach resistances around 5.92 and 6.18 depending on how high they want to push Nasdaq.
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102450048 : Why bear rally?
bullrider_21 OP 102450048 : Nasdaq is still in downtrend since it reached its ATH. The peaks made lower highs. Each time after there was a rally, it fell back down. This time will be no different.
102450048 : Then how do you define when is not a bear rally?
bullrider_21 OP 102450048 : The peaks must go higher and higher.
102450048 : Isn’t it too early for u to say that this rally not part of a “higher and higher peak”?
bullrider_21 OP 102450048 : Since Nasdaq hit its ATH in Nov 2021, it has been in a downtrend. After every rally, it fell back down. The peaks are lower and lower. This is clear since many months ago.
102450048 : Thanks for your clarification!
Bull FYC bullrider_21 OP : meaning should consider to take profit now for the units bought in previous low at 4+?
bullrider_21 OP 102450048 : NP.
bullrider_21 OP Bull FYC : Meaning take profit around resistance of around 6.20-6.30.
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