Before the reversal, let's verify. The large cap has been ri...
Before the reversal, let's verify. The large cap has been rising since October 13, 2022, and will reach two full years in a few days. From the candlestick chart perspective, the large cap has completed the standard 5-wave pattern. It is currently in the 5th wave consolidation phase, commonly known as the distribution stage. When considering individual stocks and most stocks, their valuations are sky-high, with many reaching trillion-dollar market caps. The selling behavior of Warren Buffett and the significant reduction in holdings by most corporate executives must make us deeply consider: what reasons do we have to continue being bullish? Pay attention, my friends, be cautious! I have mainly taken a short position. This is just a personal opinion and should not be used as an investment basis.
$Broadcom (AVGO.US)$
$Broadcom (AVGO.US)$
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