My analysis should explain it all. Stay tuned! Let's eat!
Chart should explain it all. Support turned to resistance, H4 and Daily MA dynamic resistance, double top, Gartley completion. Stay tuned! Let's eat!
Bull recoil trade set up. Have included potential short trade into it also.
just doing some research, looks like a bearish pattern.
Busy chart, so bare with me. Bold call, but the more I look at the FANGs on a combined chart, the more I see an (incomplete) bump and run reversal (BARR) in blue. A head and shoulders is present within a broadening formation in white, that gives room for the H&S to complete. Support in green, resistance in red. Down.
An average of the FANG stocks tells an interesting story and serves nicely as a bellwether of market sentiment and investor's appetite for speculation. These stocks on average are trading very high price relative to forward earnings. Recent selling action suggest the market is beginning to doubt that these high flying stocks can live up to the expectations for...
Facebook is walking a "fine line" and is at risk for a reasonable "pull-back" (up to 10%) as it appears to be in distribution. So far the bullish upswings have been unable to regain ground within the ascending channel and therefore are confirming prior support as resistance.
lots of complacency looking at implied volatility compared to actual volatility..
Notably tight and heavy resistance at the range of 100.32-101.87. If NFLX can clear this range, the next big level is 106.05-106.61.
Expected to continue until we see a lower wick: FANG stocks (FB, AAPL, AMZN, NFLX, GOOG) typically outperform the NASDAQ index. Not this week. Buying opportunity?
FB is part of F.A.N.G. - FB AAPL NFLX GOOG. This is the nickname Wall Street gave for what they believe as the strongest stocks to come in 2016. These tech stocks with low exposure to the shit that was thrown on Wall Street will thrive in the new year and are hot buys. Heres the big move, dont hesitate. We broke out of a flag and are moving towards a breakout of...
Short squeeze boom is done, entire market is in red except for the 4 king ' FANG ' stock. 'Facebook', 'Amazon', 'Netflix', 'Google'. Low risk entry into shorting the S&P here, down into the lows of August/October. Regardless of what Yellen says on December, it does not matter. The FED do not have control of the market, people are just focusing on the past. No one...
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...
On my May 23 post, I explained the build up of FANG's Ascending Base pattern (). Since then, it's completed, breaking out on June 3 and continuing to its target shown in light blue on the graph. FANG now appears to be forming a Flag pattern, which tends to continue the previous trend (up) after breaking out of the flag pattern. FANG has held pretty strong at...