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How will US Tech compete with rising USD
Invesco QQQ Trust, Series 1
Long
How will US Tech compete with rising USD
By SPYvsGME
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Jul 20, 2022
4
Jul 20, 2022
What happens when a rising USD and high inflation effect the bottom line of US tech giants.
Qs look like a good buy if this trend continues up and fills the JAN9 Gap.
APPL has been accumulating now for months under 150
GOOG split finishes off the the 1-2-3 splits earlier this year by Mega Caps APPL and AMZN.
After NFLX cratered 22% twice in the past 2 ERs, I couldn't see a scenario of 3 in a row.
This is either a Bear rally or Bull trap.
BTC rallying after liquidations makes sense.
I'm leaning sideways until the mess from rising interest rates in DEBT and RealEstate are cleaned up.
Bearish Patterns
Beyond Technical Analysis
Head and Shoulders
rally
Wedge
SPYvsGME
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