Mar. 28 at 9:44 PM
Geopolitical risk is running the tape right now — and
$GOOGL/
$GOOG are taking the hit hard.
$GOOGL at
$274.34, RSI 25.13 — deeply oversold, sitting just 4.41% above its 200 SMA at
$262.75. Down 12.35% YTD and miles below its SMA 20 (
$300.58) and SMA 50 (
$313.60).
$GOOG nearly identical — RSI 24.13. Both screaming oversold but falling knives need a catalyst to reverse.
$MU holding better at
$357.22, up 0.50% today, RSI 37.72. Still +25% YTD despite a brutal -15.53% week. Watch
$MU for a bounce setup — closer to stabilizing than Big Tech.
Key level:
$GOOGL's 200 SMA at
$262.75 is the line in the sand. Break that and it gets ugly fast. Watchlist:
$GOOGL for a dead-cat bounce,
$MU for relative strength play. 👀
#BigTech #TechStocks #Trading
