TradingView
randomguymannotme
Aug 8, 2018 4:43 PM

Calling Top in FAANG Short

NASDAQ:META*NASDAQ:AMZN*NASDAQ:AAPL*NASDAQ:NFLX*NASDAQ:GOOG1D
META*AMZN*AAPL*NFLX*GOOGNASDAQ

Description

⋅
Head and Shoulders with divergence on RSI

Comment

⋅
should hang out in this area and consolidate for a bit. crypto action is unspeakable.
Chart PatternsTechnical IndicatorsBeyond Technical Analysisfaang
Comments
randomguymannotme
⋅
This is an interesting time on this chart. Top of Shoulders of prior top, while creating a newest H+S that is dramatically lower. I think we could be crashing on this chart. Will update.
deezRdTrades
⋅
How can the divergence on the RSI tell you what might happen? Is it getting ready for a big crash soon?
randomguymannotme
⋅
@deezRdTrades, i guess so.
More