Posts
/ #POST-242775
REDDIT
Mag7 sitting on the same support that launched the last two bounces - 4 of them report this week. Long or short?
↗ https://reddit.com/r/swingtrading/comments/1v7vchd/mag7_sitting_on_the_same_support_that_launched/
Big week for Mag7.
Looking at $MAGS (Roundhill Magnificent Seven ETF), price is right back on the same rising yellow trendline that has launched the last couple of bounces.
Every time price has tagged this line, buyers have stepped in. We’re there again.
Four of the Mag7 report this week (MSFT & META Wed, AAPL & AMZN Thu).
What’s your bias going into the week: long the bounce, wait for the break, short, or stay on the sidelines?