Resharing Chua Wei Ren’s report: Nasdaq – strong momentum on the upside
CGSi analyst Chua Wei Ren who specialises in short-term technical analysis has pointed out that the Nasdaq-100 index may continue higher and break above the all-time high and current momentum suggest that the index may have a high potential to edge up higher and break the key resistance high of 26,300.
Read more to find out his key chart levels to watch out for: https://rfs.cgsi.com/api/download?file=927d8997-4cbe-4e2b-8ae4-55f7deec69a3
Warrant investors keen to trade on Wei Ren’s short-term technical view on Nasdaq-100 may wish to consider the below trending call and put warrants*:
Call $NASDAQ 26000MBeCW260918(Y3KW.SI)$ : https://warrants.com.sg/tools/livematrix/Y3KW
Put $NASDAQ 21500MBePW260918(WIBW.SI)$ : https://warrants.com.sg/tools/livematrix/WIBW
*Trending warrants refer to the warrants quoted on the tightest spreads and highest liquidity
Note: Wei Ren and/or CGSi are independent of, and not affiliated with, Macquarie. Wei Ren’s view does not represent that of Macquarie’s and may contradict Macquarie Research’s viewpoint
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