3 Blue-Chip Tech Stocks Look Set For New All-Time Highs

Published Apr 07 2021 at 2:05 PM GMT
Key
Points
  • Facebook Inc’s (NASDAQ: FB) stock was the first of the big five tech stocks to turn around amid a seven-week long tech rout.
  • The rout, which started mid-February and lasted throughout March, saw the Nasdaq 100 retrace 12% from its Feb.
  • 16 all-time high.
  • Alphabet Inc (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) shares have caught up, however, and all three stocks made new all-time highs on Monday.
  • The Daily Chart: The Alphabet, Facebook and Microsoft charts are similar as all three made a new all-time high this week and appear to be consolidating in a bull flag pattern on the four-hour chart.




Stats

  • Published Apr 7, 2021 2:05 PM GMT