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Analyst: US tech stocks may take a breather

On December 15th, according to Jinshi data, Adam Turnquist, Chief Technical Strategist of LPL Financial, stated that since the rise after the U.S. presidential election on November 5th, the percentage of NASDAQ component stocks reaching a 52-week high has decreased, indicating a decrease in the number of individual stocks supporting the uptrend. Historical experience indicates that the technology stock index may need to take a breather before a longer-term momentum recovery.

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