Was waiting on this move for a while, and NFLX got crushed on earnings after months of consolidation. i’m expecting more downside with a possible buy zone around $250-$290. I’m not shorting unless under 330-340 S\R
4H Chart Explanation: - Price broke the Ascending Trendline. - It is, currently, against an important Resistance Zone. - If price starts its down move from here, it has potential to move down towards our Target Price at 240, being careful with the Middle Support Zone at 340. Our Weekly and Daily Vision support this short idea. Take a look! - Weekly Vision: ...
NASDAQ:NFLX has been consolidating for a long long time now. looks like big move coming soon. Ive lost on puts recently - If you’re in a short or long i would recommend hedging. Note the similar rising wedge patterns ! could break down or go parabolic New season of Stranger Things this week and NFLX earnings around the corner grab the fucking popcorn!!!!!!
Currently looking at this short position on $IXIC focusing on the 0.618 fib located at $6952. The fundamentals maintain this short play, with the downside protection broken. Ascending channel broken for the second time, fibs support a drop, EMA 50, 100 & 200 on 4H and 1D are all broken to form resistance. No obvious resolution to trade war.
Mi análisis técnico personal en visión semanal. Neutral, por decir algo. Aunque no hay certeza de nada, puede ser probable el escenario debido al conflicto imperial en curso. Salud! ------------------ My personal technical analysis in weekly vision. Neutral, to say something. Although there is no certainty of anything, this scenario may be probable due to...
NASDAQ:GOOGL had a nice past couple of days and it should be due for a drop tomorrow if we have a red market day
Morning traders, On this asset I will not open this position until Wednesday or thursday most likely, daily chart does not support downward movement, weekly does however. I will wait to see how monday opens, however I plan on entering this short sometime next week.
Amazon reported Q1 results, beating EPS estimates by $2.44 and doubling its profit. It also announced that it woud invest $800m to make one-day free shipping the new standard for all core Prime members. The stock continues its ascent towards $2,000.
Looks like they're trying to pump futures (look at MFI) but the only things going up are FAANG stocks. Europe's still on holiday, low volume today. Staying out of the market, expecting another pump and dump with futures.
FB, AAPL, AMZN, NFLX, and GOOGL are all at the same level they were pre/post earnings last July. Keep in mind that it was the last batch of reports before the big tank. So what does this mean? Maybe we go into a market melt up like last summer and the market tanks after the China trade news. Hard to say, some stocks are doing well on earnings and others are...
Amazon stock remained largely unscathed by news of Disney+ releasing at the end of this year, despite the challenge to its Prime Video service. The tech giant also hit the headlines late this week when the retail industry issued forceful responses to the challenge from Jeff Bezos to its competitors to “match our employee benefits and our $15 minimum wage”....
WHAT YOU Guys think of FAANG against S&P 500? I think there are many rooms to grow!
Hi traders! Currently looking for a short term drop in Apple. Since Fed is dovish this is a short term trade and with considerable risk. Not advice just a personal view! Good luck!!
Apple finished an inside week on 2/15/19, and appears to be running out of steam as it attempts to climb higher. Twice rejected by its weekly 100, and facing loose resistance inside lower region of fan DTL's, it seems likely a retest of 160 would be in order. Not impossible to test 145-150 before regaining ATH's.
Lower High's and Lower Low's on longer term timeframes for a company with a lot of debt heading into an increasing Interest Rate environment. Heading into earnings any news good or bad should be sold into, as increasing subscription fee's are a good excuse for a nice short squeeze.
To all the economists out there, this one looks so bearish, isn't it?
NO financial advice given here Don't listen to this old man www.cnbc.com
AAPL will probably take a breather and experience a relief rally anywhere between 133 and 150 dollar range. The actual number will become clearer in the coming weeks as price gets closer to rising wedge support. Green dashed lines indicate consolidation areas that coincides perfectly with wedge support.