Bull Market Indicator or Bear Market Rally? History's Message for Where Stocks Could Head Next
The Invesco QQQ (NASDAQ: QQQ) ETF has been on a tear so far in 2023. Here's what history shows as a possibility for what could happen next. Of course, technical analysis is not some magical crystal ball, and long-term investors always prosper, but these three charts are something to be aware of as we move to a seasonally weak period for the stock market.
*Stock prices used were the morning prices of Aug. 9, 2023. The video was published on Aug. 10, 2023.
Source Fool.com
Invesco Ltd. Stock
€14.26
-0.010%
Currently there is a rather positive sentiment for Invesco Ltd. with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 18 € shows a positive potential of 26.23% compared to the current price of 14.26 € for Invesco Ltd..
