A popular tech fund is now overbought. That’s no reason to sell, history shows.

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The surge in technology stocks to record highs has pushed them to levels that technical analysts consider overbought. According to Bluekurtic Market Insights, the Nasdaq 100 NDX has just recorded a six-day winning streak, closing Tuesday at a fresh all-time high. History shows, however, that investors should not use these overbought levels as a reason to reduce their exposure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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