WARNING: Tech Stocks In Bubble 2.0 (FANGMAN Over Extended) | NASDAQ (NDX) 100 Technical Analysis

Tech stocks (FAANG / FANGMAN) are in a 2020 bubble and due for a pullback (SOON). This is a Nasdaq 100 (NDX) Technical Analysis Forecast.

We look into Long Term candlestick charts (Monthly, and the weekly). I point out support and resistance areas and look into why I belive tech stocks are over extended by diving into some indicators and divergences on the chart.

FANGMAN Consists of 7 companies with over 6 trillion dollar market cap (overweight and overvalued). Those 7 stocks are...

Facebook (FB)
Amazon (AMZN)
Netflix (NFLX)
Google (GOOG)
Microsoft (MSFT)
Apple (APPL)
NVDIA (NVDA)

The stock market crash of 2020 could potentially come again. However with federal reserve stimulus it might never come, but we need to be prepared if the recession continues deeper and affects the stock market and out investment portfolios.

The tech bubble of 2000 could have been seen by looking at the chart, now it's 2020 (10 years later) and looking at avery similar chart, but very different circumstances.

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