I have been mentioning about the iminent sell off in the IT sector in the last few posts. Technically Elliot wave 5 has started in IT stocks. The bull run in the last 2 or 3 weeks has created enough liquidity for institutions to sell their IT stock holdings. Shorting LTTS for a target of 2800.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.