- 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.
For further details see:
MGK: The Big Tech Boom Is Headed For A Big Bust