Weekly Chart Looks Breakout Strong

BATS:VGT   Vanguard Information Tech ETF
AI, interest rate cuts, and the 2024 presidential election in the United States will likely support another steady climb in large cap tech. One year target right around $610 is the measured move from the bottom of this weekly cup and handle to the upside. Any action to that price earlier than a year from now could suggest an over-market in need of another sell off like the end of last year. Easy to hold VGT long term with setups like this one. Easy to sell if the funds are needed and the price grinds much higher over the next year. Happy hunting investors!


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