TEAM! I just created this new index which includes FAANG + Microsoft + Tesla + Nvidia. We will continue to track this index and it will serve as a regular update on big tech. I am going to create some new indices which will be sector specific (EVs, Financials, Biotech, etc)...Let me know which indices you all would like to see and keep track of. This is an...
Tesla may have made the turn already... or it may just be recharging its momentum to attack the resistance vector near overhead. I'll be watching for another top when the RSI is at 100 (pink arrow).... Where this happens relative to the resistance vector may be a good sign for which way we are going!
Apple has been treating the fib channel levels magnetically! Some of them repel and some of them attract and it oscillates about them. This does seem to be a local top approaching, complete with a nice exhaustion gap overnight. Look for this gap to fill as a sign the top may be in. We could see that overnight tonight, which would make for an "island reversal"...
Doesn't require a high IQ level to understand it ,or .. ?
The 'ole "Fliparoo". Overhyped $FAANG is coming down hot. No touch. Go Long USA MSO $GNLN. Hold for many years. More Created Content at Risk Savage Linktree. THC saves lives! #federalize
Apple stock has been lagging compared to a lot of techs and it's influence on the Nasdaq market is pulling a lot of other stocks lower. We do have earnings coming up at the end of the month of October so that should be a very indicative sign of where this market wants to go. The 100-day EMA is super attractive for institutional buying and price is not far away...
I'm not explaining any thing ,doesn't require a high IQ .
Until the fed print few more trillions , play it this way .
It's done! Put a fork in it. - Much like the last time... :-) - See attached post.
Combing the largest market cap companies within Nasdaq - Mentioned as the FAANGs Includes: Facebook, Netflix, Google, Apple and Amazon. There are greatest moves within the markets it's usually when it's the earning season, happens 4 times a yr - December, March, June, and September. That isn't my focus for now... The technical aspect of Nasdaq at this current...
Looks like we have met a Fib level for apple today... How influential will it be?!?! I understand Apple has news for tomorrow... will the news make the market, or will the market make the news? (its usually the latter). Cheers,
1. I've used independent forms of analysis to show a ~14% downside to the ~240 level 2. I want to EMPHASIZE that this move will most likely be news based; i.e. "no one could've seen it coming" but the charts speak for themselves
Nasdaq100 : Initiate the inverse H&S pattern narrative .
Big Tech companies are looking really interesting, there is a lot of upside potential in the market and we could see the tech moves really help the rest of the market push up in terms of overall ETF indices. We have seen the lag of a lot of companies in the S&P 500 but this could be the return to value after the 15-20% drop in big tech. We have seen multiple...
We need the fed start printing before it is too late .
In this post, I’ll be providing an in-depth analysis of Facebook (FB), which was part of FAANG (Facebook, Amazon (AMZN), Apple (AAPL), and Google (GOOGL)), leading the stock market since the financial crash up to 2019, before it was replaced by MAGA (Microsoft (MSFT), Amazon, Google, and Apple). I'll be exploring its business models, financials, weaknesses and...
In summary we expect price to reach for the inefficiencies created from the September slump/pullback, will give us a fair idea when to take buy positions on the NAS100 Index and US30 index. Ideal it's buy on retest of the broken structure!