When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
TSLA - MGK: The Big Tech Boom Is Headed For A Big Bust
Tesla Inc.
Technical ratio analysis suggests Mega-cap growth stocks are finally set up for a bearish move.
The bearish technicals align with bearish fundamentals facing big-tech including overvaluation, bipartisan anti-trust sentiment, and limited user-hour growth potential.
The COVID pandemic has spared growth giants for now, but the knock-on effects may hurt them worse than others.
If the stock market sees a recessionary crash MGK may fall by over 60%, making for a solid short opportunity today.