Overbought tech stocks can retrace NASDAQ up to this level. However, securities like FB, AMZN will be a great buy before their mammoth earning this quarter. So, if we get a predictable retracement like this, these securities will be a great buy.
IXIC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.