TA on XLK and TUP

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  • #38255

    Kay Beng

    Hi Wei Ren, 

    May you please share your views and outlook on XLK and TUP based on their TA.

    Thanks

    #38258

    Research Department

    Hi Kay Beng, 

    XLK has the same sentiment with the Nasdaq 100 index and we think that there will be further correction ahead based on the wave count presented. Support/rebound levels will be at the lower bound indicated in the charts.

    XLK Chart-https://www.tradingview.com/x/fG3kXekp/

    As for Tupperware- Not much action, just that the divergence needs to be cautious. 

    https://www.tradingview.com/x/zra35WnJ/

    #38330

    Kay Beng

    Hi Wei Ren,   Thanks for your guidance.

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