Big Tech - Head & Shoulder Pattern Galore
These four big tech stocks are on thin ice.
A break of these necklines suggests more downside. These levels likely indicate around 11,900 on the Nasdaq as the line in the sand.
Question is, does this lead to capitulation or a longer duration downtrend.TBD...
Nasdaq 11,900 level = red line
$Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Meta Platforms, Inc.(META)$ $AMD(AMD)$ $NASDAQ(.IXIC)$
https://www.tradingview.com/chart/GOOGL/P0WTJ44r-Big-Tech-Head-Shoulder-Pattern-Galore/
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