Caution Warranted On Tech Until After Earnings Season

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Quarterly chart starting to show some concerns in this price discovery territory.

We always exercise caution with a bearish engulfing week...

That said, we think that it is best to be cautious with tech names until we can get some more clarity after earnings season.

In the meantime, the recent daily close has some symmetrical implications, particularly with the open gap below.

Be sure to check out this video for more information!

Dr. John

This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

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