How Far Will Tech Decline? - News Summed Up

How Far Will Tech Decline?


The Invesco QQQ Trust (QQQ) QQQ is down 9.5% so far this month, after peaking at $303.50 on September 2. Tech Stocks TomAspray-ViperReport.comEven though the QQQ has had a rough month, some of the largest tech stocks have declined even more. Microsoft Inc. MSFT (MSFT) has also been under pressure, down 11.1% for the month and just barely above its 20-week EMA. XLK TomAspray- Viper Report.comThe ETFs that have a high concentration in the large tech stocks have also been hit. The 20-week EMA at $107.5 is 3.9% below last Friday’s close.


Source: Forbes September 20, 2020 17:26 UTC



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