Tech stocks have taken a hit after a major run up and earnings releases.
As we approach the 200D MA it's a key indicator historically of big price movement. What does this mean for us?
We'll likely see a big dip in tech stocks whereby they correct in order to give way to another price run up.
These movements take course over a significant period of time.
Price trend looks negative right now which indicates the state of the economy and would fall in line with a price movement upwards around economic recovery period starting.
As we approach the 200D MA it's a key indicator historically of big price movement. What does this mean for us?
We'll likely see a big dip in tech stocks whereby they correct in order to give way to another price run up.
These movements take course over a significant period of time.
Price trend looks negative right now which indicates the state of the economy and would fall in line with a price movement upwards around economic recovery period starting.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.