Long Expiration 8/20
Golden Cross - Rising Wedge - Double Bottom - Close to over bought on RSI
While the overall market still seems in turmoil waiting on a stimulus package or regime change that may never come, OGIG, Internet Giants looks like the start of a long term 3rd Wave to me, and I'm pretty bearish right now.
someone requested for this chart, here it is !
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US Tech sell-off
Currently on MA 50.
Look to Re-Entry at MA 100 as well as Fib .382 level.
That rising wedge failed, and destroyed the second trend line, looking bearish.
I'm gonna say a small dump is on the way from what i can see.
couple of big red volume bars, this looks a little tippy here.