I believe so, it can still hit $180 levels, but the sector XLK is down over 12% since Sept high. On September 21 there was high volume which was a good signal of what to come. Earning may have triggered the sell off but smart money exited or shorted last two weeks of September before the stock printed its 52-week high. Now, I am adding small positions for a possible bounce back to $195 area with stop loss at July Low. Good Luck!
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.