Tech reinforcement
Tech reinforcement
First, both $TECL and $QLD are currently trading above their all-time highs, which is a bullish sign for investors. The strong support levels for both stocks indicate that there's a solid foundation for their current price levels.The recent news sentiment for the tech sector has been very good, and we're seeing a resurgence of interest in technology stocks. This positive news environment could provide a tailwind for both TECL and QLD in the coming weeks.
In terms of technical analysis, the recent area of the chart for both stocks shows a strong upward trend. The in-house custom indicator, which we'll call the "trend indicator," confirms this bullish momentum. Combining this information with the positive news sentiment, I believe TECL and QLD are well-positioned for further growth.
This is not financial advice. These are only my ideas.
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