Short
US100, OVERBOUGHT!
Hello fellow traders and investors the Nasdaq has recently been rallying and has been making ATH's. I am anticipating a correction in the near future. I am personally not reducing my position just yet however when the Nasdaq starts selling off I will reduce my position and look to reaccumulate when we hit around 13 600$. Make sure to be ready when the time comes so that you have the buying power to buy in at lower levels.
Here are some examples of some tech stocks that are currently overbought and could experience a pullback very soon:
AMD:
NVDA:
AMZN:
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Here are some examples of some tech stocks that are currently overbought and could experience a pullback very soon:
AMD:
NVDA:
AMZN:
If you enjoyed the analysis make sure to like and follow for more!
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