Hello everyone! Today i want to share some technical analysis with you!
1.
$Technology Select Sector SPDR Fund(XLK)$ Anyone else find this a bit concerning?
XLK, the tech sector's performance against SPY, has hit and rejected the exact peak from the Dot-Com bubble top — three months in a row now. 🧐
2.
$Microsoft(MSFT)$ looking MINT in after-hours trading. 😮💨
3.
$Alphabet(GOOGL)$ aaand boom goes the dynamite. 🧨💥
4.
$Meta Platforms, Inc.(META)$ Seeing Double 😵💫
5.
$Bitcoin(BTC.USD.CC)$ A common misconception with Bollinger Bands is that you always fade price when it closes above the upper band—not the case for $BTC.
This strategy buys on a close ABOVE the upper band, exiting at either +6% or -3%.
Past 24 months:
Total return: +68%
Drawdown: -10%
Win rate: 53%
R/R Ratio: 1.79
Looks like we may get another entry today. 👀
Follow me to learn more about analysis!!
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