Lets talk aboutb what you need to see for a directional trade to the downside
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Close below 267.50 along with Qs and Tech etfs rolling would be cause for entry to the downside with a target of 255
Would expect other technology stocks to be have similiar price action at the time. If not Conviction is lowered substantially. With no momo sector wide, no need for a position in this one. So look for a momo to pick up.
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Close below 267.50 along with Qs and Tech etfs rolling would be cause for entry to the downside with a target of 255
Would expect other technology stocks to be have similiar price action at the time. If not Conviction is lowered substantially. With no momo sector wide, no need for a position in this one. So look for a momo to pick up.
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-If you find this idea interesting please leave a like
-Follow for more
-Comments are always welcomed and appreciated
-Follow for more
-Comments are always welcomed and appreciated
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.