Daily chart has shown us that price action has broken out nicely from the descending channel and is rising up.
With the slew of corporate earnings releasing this few months, I believe this rally can be sustained. Many tech stocks like Meta, Amazon, Paypal and many others have dropped more than 50-60% from its peak and , imo , I think this offers a great buying opportunity for investors who believe in their growth story.
Alternatively, if buying individual tech stocks is too troublesome and costly, you can choose an ETF to invest as well. Check this out !
With the slew of corporate earnings releasing this few months, I believe this rally can be sustained. Many tech stocks like Meta, Amazon, Paypal and many others have dropped more than 50-60% from its peak and , imo , I think this offers a great buying opportunity for investors who believe in their growth story.
Alternatively, if buying individual tech stocks is too troublesome and costly, you can choose an ETF to invest as well. Check this out !
Comment:
nice, it is reaching the resistance zone again! Let's see if it will break above
Comment:
Praise God, it does !
Comment:
up , up and away......
Comment:
watch for the support, it could be another buying opportunity