The current FAANG symbol does not have a very long history. Depending on the symbol, you get a chart that either starts from mid-2019 or 2016. We get couple more years of data in this chart, back to early 2014. I weighted each stock equally according to its 60 month average, and adjusted for M2 expansion, which gives us a very consistent support line. There's also...
In 2021, we should take the price reaction to 50EMA very seriously! Especially if you like to buy the dips!
I believe it could be single best tool to help you find the best entry and exit point in many tickers..!
Let's review few examples:
1- NASDAQ:NVDA
2- NASDAQ:MSFT
3- NASDAQ:AAPL
4- NASDAQ:GOOG
5- NASDAQ:FB
6- NYSE:CRM
7- ...
Words cannot express how much my followers mean to me.
I’m eternally grateful for all the support and kindness I have received in the past few months from my followers on this platform.
I came across an interesting story written by Friedrich Nietzsche, so I decided to share it here. I believe it will give you a clear pathway on how to follow others in life and...
A comparison between Apple, Microsoft, Amazon, Google, Facebook, and Tesla in the past decade.
Top chart: last 10 years
Bottom chart: last trading year
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction,...
Hope this idea will inspire some of you !
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Kindly,
Phil
