A lot of weakness trickling downthe entire market and that weakness began with the tech sector. I've been fortunate to be on the right side, shorting small caps such as 
ROKU, 
TWLO which has seen explosive growth in the last year. Since the drop of December 2018, I've been waiting and scoping out potential short opportunities as it was clear to me that we have been in a market 'melt-up' since December, 2018, and the end of the growth cycle is inevitable. Many predictions stemming from the yield curve inversion suggests that a recession is coming within 8-18 months (the bottom). If that is in fact true, we will see further downside starting end of the 4th quarter.
I have been shortingTWLO since ~$148 and ROKU since $170. I see potential further downside as I see a head and shoulders pattern on the weekly chart. As seen in this chart, we see that the long-term bullish trend has been broken and further headwinds in the market will only put further downward pressure to small caps such as TWLO.
ROKU, TWLO which has seen explosive growth in the last year. Since the drop of December 2018, I've been waiting and scoping out potential short opportunities as it was clear to me that we have been in a market 'melt-up' since December, 2018, and the end of the growth cycle is inevitable. Many predictions stemming from the yield curve inversion suggests that a recession is coming within 8-18 months (the bottom). If that is in fact true, we will see further downside starting end of the 4th quarter. I have been shorting
TWLO since ~$148 and ROKU since $170. I see potential further downside as I see a head and shoulders pattern on the weekly chart. As seen in this chart, we see that the long-term bullish trend has been broken and further headwinds in the market will only put further downward pressure to small caps such as TWLO. 노트
AS S&P bounced heavily, IWM never broke through it's 8 month support, and TWLO did not break $104! We are bouncing off the longer term support. I still think it's a dead cat bounce and that we are going to be heading down further.거래청산: 타겟 닿음
$65 target reached in Mid-March.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.