At low of 14 year trend - Buy or Trend Bust?
Tons of touches on both upper and bottom side of channel (see chart). Resistance became support for last 2 years (e.g. the bubble), but we've broken it and are now touching support.
If we break bearish here and the 14-year trend fails, it will truly signal the end of the era of mega-cap tech leadership (AAPL, MSFT, FB, GOOG, AMZN, NFLX).
What do you think will happen?
If we break bearish here and the 14-year trend fails, it will truly signal the end of the era of mega-cap tech leadership (AAPL, MSFT, FB, GOOG, AMZN, NFLX).
What do you think will happen?