With the anticipation of re-opening of the economy around the world, there is a large capital outflow from tech stocks with hedge funds rotating out of the sector according to BofA Data Analytics.
I've been trading SQQQ since 11.30 level moving in an out capitalizing the spikes. 2020 was the year that tech stocks lived up to their potential, but now, how are investors anticipating growth from this sector? Maybe tech stocks will be a value play in the medium term but near term, I only see more downside from the sector.
Price having difficulties breaking through 13 which is the 1Q21 close and in confluence with the long term trendling. Short TECH
Watch out for FANG stocks and other people's choice stocks. I think investors are looking for value with the low interest rates.
I've been trading SQQQ since 11.30 level moving in an out capitalizing the spikes. 2020 was the year that tech stocks lived up to their potential, but now, how are investors anticipating growth from this sector? Maybe tech stocks will be a value play in the medium term but near term, I only see more downside from the sector.
Price having difficulties breaking through 13 which is the 1Q21 close and in confluence with the long term trendling. Short TECH
Watch out for FANG stocks and other people's choice stocks. I think investors are looking for value with the low interest rates.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.