A slaughter is coming to big tech. Of the big tech names, Apple is the most obvious bubble I have ever seen. It is almost identical to Bitcoin's last bubble. 3 bear traps followed by a MASSIVE parabolic rise in short span of time and then your blow off top. In order to see the full scale of the bubble we must look at the monthly. While I think it is very likely we have reached the top, it is possible that we go even higher since we are at a point in the cycle with so most energy. We can easily see a couple more candles taking this thing past $500 but It is important to know we are at the point in this stocks cycle where you have the most risk. If we do go higher it will be short-lived and followed by a massive correction where everyone who bought past the 3rd bear trap will soon be trapped. Is Buffet really still holding this?
Would love to hear your ideas.
Would love to hear your ideas.
