As you can see this Pitchfork shows just how strong of a Bullish Trend the Technology Sector has been in for the last 20 years.
Price finally reached a point of Peak.
Now, this doesn't mean the top is in but rather shows just where we are in the cycle.
Price isn't at life-changing levels anymore, at least based on the previous 20-year trend.
In fact, the Price is still a great deal away from the 200MA.
Hedge Funds and high-level investors are well aware of these levels.
As we head into a slowly economy filled with many unprecedented macro challenges, growth will be limited.
That's not to say there won't be light at the end of the tunnel, there certainly will be.
The question is...
Are we already on the other side or are we just beginning?
Price finally reached a point of Peak.
Now, this doesn't mean the top is in but rather shows just where we are in the cycle.
Price isn't at life-changing levels anymore, at least based on the previous 20-year trend.
In fact, the Price is still a great deal away from the 200MA.
Hedge Funds and high-level investors are well aware of these levels.
As we head into a slowly economy filled with many unprecedented macro challenges, growth will be limited.
That's not to say there won't be light at the end of the tunnel, there certainly will be.
The question is...
Are we already on the other side or are we just beginning?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.