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Tech Sector Alert!

Tech Sector Alert!
The Technology Index is currently in the overbought range on the daily RSI, signaling a potential pullback soon. Additionally, Nasdaq has started retreating from its peak, which could influence tech stocks globally.
Caution Ahead:
Some tech stocks might be overbought, making this a good time to consider taking profits.
📊 For example:
1️⃣ Frontken:
RSI Divergence spotted
Volume-Price Analysis: Price surged significantly, but trading volume remained low — a potential warning sign.
Trading Tip: Be prepared for a potential pullback. Managing risk and securing profits can be wise in such market conditions.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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