The next downmove in TechStocks might come soon! Everyone knows the 61.8 Fibonocci resistent. Will this magical number also apply after the short pullback?
There might be soon the next correction by around 10%.
Out of the FANG Stocks, Facebook reached a major resistent zone, Google and Apple don´t look neither strong. Only Amazon is able to show the muscels.
There are several reasons, why we could see the next correction.
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