US tech - deeper correction then 5th waveThis chart is of a popular UK based investment trust investing heavily in US tech stocks. The count would suggest that we are in the midst of a 4th wave correction of a larger wave 5 that, following EW theory, may continue to the level of wave 4 preceding degree. If this count has merit we can still
1.0 GBP
1.12 B GBP
325.02 M GBP
1.16 B
About POLAR CAPITAL TECHNOLOGY TRUST PLC ORD GBP0.025
Sector
Industry
Headquarters
London
Founded
1996
ISIN
GB00BR3YV268
FIGI
BBG000HHH7C6
Polar Capital Technology Trust is a closed-ended investment trust. They offer investors access to the huge potential of companies in the global technology sector. They develop technology trends early. Their technology sector is evolving, with major trends emerging and previous models falling by the wayside.
PCT - a top in tech?This is a popular UK based investment trust that, like the name suggests, invests in tech stocks. It has done pretty well for those holding it over the last few years. Perhaps my wave 5 is way too short but is there is a little bit of confluence for a top of sorts here? The 2.618 fib extension might
Polar Capital Technology Trust Ahead of Half Year ReportPrice has produced a triangle pattern ahead of its Half Year earnings release but if it moves down it would be the first lower high and lower low in a while. The trend is still firmly up in all the higher timeframes. On the 1hour timeframe there is now a divergence to watch out for too.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.