Although a QQQ bottom appears to have happened on Friday, notice that volume was lower on Friday (vs thursday down day) and more importantly even lower on Monday on higher price. Higher prices on declining volume just isn't sustainable and will be exhausted (indicative of a bear flag).
First target about 163 based on trendline and 50sma
Second target about 158-159
First target about 163 based on trendline and 50sma
Second target about 158-159
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QQQ is so bullish - broke up out of the flag