I believe so, it can still hit $180 levels, but the sector XLK is down over 12% since Sept high. On September 21 there was high volume which was a good signal of what to come. Earning may have triggered the sell off but smart money exited or shorted last two weeks of September before the stock printed its 52-week high. Now, I am adding small positions for a possible bounce back to $195 area with stop loss at July Low. Good Luck!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.