📈 NASDAQ 13th February 2025 Daily Analysis Based on Main Key Levels
- Neom
- Feb 13
- 1 min read
Daily Current Market Price (DCMP): 21,723
Below DCMP = Support | Above DCMP = Resistance
Key Levels Summary 🔑
Support & Resistance
Resistance (Sell Zones):
Immediate Resistance: 21,780 🚨 | Strong Resistance: 22,001
Critical Swing High: 21,944
Support (Buy Zones):
Immediate Support: 21,389 | Strong Support: 21,299
Critical Swing Low: 20,622
Technical Analysis Breakdown 🔍
Fibonacci Retracement:
Price consolidating near DCMP (21,723). Break above 21,780 targets 22,001, while a drop below 21,389 risks 21,299.
RSI & MACD:
RSI at 54 (neutral momentum).
MACD histogram flattens near zero, signaling indecision.
Intraday Trade Setups 💡
1️⃣ Intraday Buy Trade
Entry: 21,389 🟢 (Key Support Zone)
Stop Loss: 21,299 🔴
Take Profit 1: 21,723 🟡 | Take Profit 2: 21,780 🎯
Rationale: Strong support confluence at 21,389 aligns with Fib retracement. Upside targets DCMP and immediate resistance.
2️⃣ Intraday Sell Trade
Entry: 21,780 🔴 (Critical Resistance)
Stop Loss: 22,001 🛑
Take Profit 1: 21,723 🟡 | Take Profit 2: 21,389 🎯
Rationale: Rejection likely at 21,780 (resistance zone). Downside aligns with Fib support levels.
Risk Management ⚠️
Maintain a 1:3 risk-reward ratio.
Monitor 4H closing prices for trend confirmation.
Note: NASDAQ shows consolidation near DCMP; trade reversals at key levels with strict stops.
📉 Final Takeaway: Focus on 21,389 (buy) and 21,780 (sell). Align stops with swing levels (22,001 / 21,299) for optimal risk control.
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