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?
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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.