Like other FANG stocks and similar with Bitcoin Amazon has begun a weekly downtrend
Today, we had the much anticipated Fed hearing and it did little to encourage markets in either way. This chart is based on what most experts, even the naive ones on CNBC are now expecting a modest correction of 15%. Checking on a few indicators here, we can see the MACD has crossed into bearish territory and couple that with the Fed raising rates, tapering, and...
This is a daily candle chart of the Q's. I'm not to convinced that todays action was anything material to the trend. The major support line from the covid trough breakout is broken. Minor support from the peak at $382.11 has not been reclaimed. The index is below the 50 day SMA. Moreover, the support line on the RSI that coincides with the previous tests of the...
Just a chart that you can use to follow along with. If you like the color scheme feel free to download it and add it to your collection.
FANG + Index ( Meta , Apple, Amazon, Netflix, Google ) Index possible in wave (C) (cyan/light blue) of the wave 4 (Red Circled) triangle pattern.
I posted a few months ago Amazon was in a terminal formation. Like a lot of stuff, there was an upside overthrow to knock out any remaining bears, and now we are looking to test the long term support from the 2008 lows. Below that, there are a few other support lines, but the next MAJOR support is around 950-1000 depending on time frame of a drop. Amazon actually...
MicroSectors FANG 3X ETF - For the buy and hold investor - So you don't think it is possible for an ETF to move 10 - 25% quickly with the market? Then try researching 3X ETFs. Add MicroSectors FANG index 3X ETF - FNGU - and the inverse FNGD to your watch list. Edutainment Purposes Only!
classic bullish flag undergoing a pennant pattern consolidation setting up for rally.
fang have been in a ascending wedge, now looking to break it, now with earning season i see no crazy perspective to accomplish it's 161%fib objective
GOOG is being Sold. Not much more to suggest here other than it is the leading indicator for Alphabets... the FANGS. FB is suffering the same fate. Puts Bought, Shares sold.
Netflix has been chopping for more than a year now and consolidating really hard, but with a clear emphasis on the upside. It's still showing signs of strength and could move much higher pretty soon given that it's been in this range for 14 months. Don't know much about the financials of Netflix but I do know it's growing and is one of those companies that has a...
Trend Analysis The main view of this trade idea is on the 4-Hour Chart. The index FANG (FNG1!) has been in a rangebound price movement after hitting resistance around the 7400 price level in mid February 2021. FANG held support at 6050 and made a second attempt to break above 7400 in mid July. After that failure the index quickly found some support around 6800...
Things are looking very similar to how they did in October 2018. > In 2018 FAAMG fell by 25%. > If we correct 25% like we did in 2018, it would take us to the lower support of this ascending channel. > A 25% correction would also take us perfectly to the 100-week MA. > Bearish divergences are shaping up in similar ways as well. It's interesting to note the...
-NTM PE: 6.7 -Expected YOY Sales Growth: 110% -YTD Returns: 63%
The Potential for the FANGs to have a rather large disruption is advancing. El Cliffo awaits. AAPL is wandering in the Gamma Squeeze desert trying desperately to regain 150. We remain unfilled on our ES 4414.75s... hopefully into 10:30AMEST we receive our Fills. We pressed ES form 5 to 10, with a 30 handle target below.
Happy weekend traders! I am bullish on apple earnings, so here is my analysis. On Thursday, July 22, 2021 there was some notable buying of 82,115 contracts of the $150.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 4.2%, which would put the stock at about $155 post ER. *Dont go too far out of the money, if you play earnings as IV crush...
The FNGU reached 42.36% of the Fibonacci extension level from a small wave. Support for the decline appears to be $26-28.
those 2 chart seems pretty similar. fact is: it's not only NIO. TSLA too is similar, EV stocks are similar, SOLAR stocks are similar, trendies are similar.. and you know what? APPLE price dropped 80% after that... check this and what else do we see? before that, volume was lowering, but the crash omg, there was so much volume... and what else? well, do you...