QQQ Stock: Is QQQ Headed For A 50% Drop From Its Peak?

The post QQQ Stock: Is QQQ Headed For A 50% Drop From Its Peak? appeared first on Coinpedia Fintech News

The Invesco QQQ Trust could drop as much as 40% from current levels if the AI trade keeps unwinding, according to Barchart columnist Rob Isbitts. QQQ traded near $675 on Wednesday morning, already about 12% below its all-time high. Isbitts sees two key downside zones on the weekly chart. A break below current support could …