How much punishment (esp. >Dec29) cn Big Tech Robinhooders take?Painful underperformance (especially since three days before the new year from Dec 29) vs. the Nasdaq IXIC and the Dow DJI for those previously enamored with the Big Tech counters such as Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX, and even Apple AAPL; with the possible exception of Alphabet Inc GOOG.
Bigtech
Big Tech go Bigly Big League? #TremendousFNGS the concentration of the bigliest 20 or so tech stocks, minus a couple they're randomly missing. But these are the big boys.
Nice little duplicate arrow there
Nice little dirty head and shoulders
In a good channel right now, volume declining, like it usually does in uptrends with the preceding day big spike in buying volume which we also had.
Closed Friday at the previous big gap down.
Need to at least close that upper gap, probably to the moon though.
#NASDAQ35000HAT
#Tremendous
AAPL Bullish PennantNASDAQ:AAPL has completed a double bottom and made a sharp move up. After consolidating it has begun a bullish pennant. If this pennant breaks to the upside AAPL could move up to 123 and beyond next week. It is important to note that AAPL has a big event next week and earnings are 2 weeks after, these will play a big role in the price action of AAPL. However, I believe that the event is going to be considered a good thing for the share price with announcement of the next generation iPhone. AAPL will need to break the top of the Pennant and 116.83 to shift momentum.
DOCU Testing July LevelsAfter a break in trend and a push down NASDAQ:DOCU has shown a depletion in seller power after bouncing off July resistance level. Ended the day showing a Bull Hammer candle and a shift in momentum. Resistance and support based loosely on Fibonacci levels from start of trend, mostly on retests however. Gap fill is price target on upside.













