Good time to be long
Even though interest rates has been pressuring NAS down, I believe this soon will be over. FED is going to keep interest rates down for some time now, since the use AVERGAE 2% inflation target, and not just 2% inflation target.
Big tech companies has demonstrated fantastic earnings, which hasn't manifested the price action.
This might be a bit speculative, however, the RR is very favorable.
Big tech companies has demonstrated fantastic earnings, which hasn't manifested the price action.
This might be a bit speculative, however, the RR is very favorable.
Trade active
Note
consider moving stops to break even. Always nice with a risk-free trade. The plan is to try to ride this to ATH... but we will see how it developsNote
You could consider taking some profits here. I have closed about 40% at 13720Note
closed the rest now
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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.