𝐅𝐀𝐀𝐍𝐆 𝐢𝐬 𝐚 𝐬𝐥𝐨𝐰 𝐛𝐞𝐡𝐞𝐦𝐨𝐭𝐡; 𝐛𝐮𝐭 𝐢𝐬 𝐧𝐨𝐰 𝐚 𝐠𝐫𝐞𝐚𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐛𝐮𝐲 𝐢𝐧𝐭𝐨 𝐢𝐭?
The blue lines show the short term channel that has been forming over the last 6 months; and we are on a collision course with the bottom of the larger 2 year channel. The RSI is at a low point, which has traditionally signalled a bounce as well.
Whether adding exposure through tech ETFs, or explicitly buying these stocks - now is a great opportunity to snag some of the key companies that have lead the sector for a long time.
The blue lines show the short term channel that has been forming over the last 6 months; and we are on a collision course with the bottom of the larger 2 year channel. The RSI is at a low point, which has traditionally signalled a bounce as well.
Whether adding exposure through tech ETFs, or explicitly buying these stocks - now is a great opportunity to snag some of the key companies that have lead the sector for a long time.
