Premarket Resistance incoming !!
Strong premarket resistance at 122, if it breaks up Im looking at 124 and 126 before market opening. Highly expected to be dump back to 120s during market hours.
If it crashes, Im looking at highs of 116 to lows of 110s in coming weeks.
This scenario reminds me of TSMC during March or April this year where they beat earnings and their stock plumetted like pigeon droppings.
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pootpoot : that's what I'm worried about haha. but I agree with u. probably a rotation. but might need a longer time for recovery this time.
72993459 : Goodluck
72993459 : I've been waiting for this drop!!!
72993459 : very important company right now I'm glad it's coming down definitely jumping in
LeoforDharma OP : Its rotating our brain too![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
On a side note, I also noticed that this disposition of tech stocks is matching with coming US elections. Insecurities in election always crashes the stocks. Tech sector grew a lot this year, it makes sense for these to take a hit now.
72993459 : this will not stay 120 for long
72993459 LeoforDharma OP : I've noticed that too every election the market always goes a little wacko no worries though just have to see through the fog Till The Sun starts shining again and burns it away
73662895 : I see resistance but not strong...