It's time to short internet companies - Trump era is coming.
MA 50 support+two trend lines support+lower of B bands support-I think this is enough to open a long position. We are talking about the correction, but after such a fall, you can take enough interest. Importantly, do not buy too high: it may be too far from the stop line.
The companies that make up this ETF are: GOOG (8.53%), AMZN (8.10%), EBAY (5.60%), PCLN (5.23%), CRM (4.74%), YHOO (4.39%), NFLX (4.39%), JNPR (4.09%), CHKP (3.52%), EXPE (3.07%). Most of which have had incredible runs thus far. I think we will see some profit taking. $55.43 is actually where the 2.618 fib ends.