Facebook is near the bottom of its upward channel after a pullback this morning, but I expect its upward movement to resume on the strength of its cryptocurrency offering. Watch out for the possibility of a downward channel break. There's support at about 184.77, so that's a good price to buy if you can get it!
Bullish Kumo Twist on 5 year view. price is now above cloud. Once the Tekken and Kegan (or however you spell it) break cloud its is official. Fundamental analysis: I dont know one person my age (22) who does not use snapchat on a daily basis Legit companies have begun spending more with snapchat ads Snapchat is seen as less saturated for businesses looking to...
Last month I shared "LONG $FB - Swing trade into next months earnings!" when price was in $165 zone. I have done well since, accumulating through the month until earnings . With stellar numbers reported in Q1, I will continue adding as we still have a lot of upside left to $220+. Trade the zones and add slowly. See you all at $220+!
Bear Case: *Bearish Divergence *Shooting Star on High volume (weekly) Bull CASE: *China **** I think we break way lower... Let's talk about i!
Bear Case: *Bear-Flag on weekly (Massive) *H&S on weekly (Massive) *Failing to hold above 50 MA on weekly (Needs confirmation) Bull Case: *Apple **** I think we break way lower... Let's talk about i!
when we break 2580 there is big chance for downward continuation
Right at resistance I am bearish but am ready to switch at a moments notices if we really are breaking out
Local bottom has support but this market move should be taken as a leading indicator for the macro global economy. Let the Bear market continue. Price target at 132
Faang composite and my prediction for the next couple of years. White line is projected price action, which I believe will be controlled by Algo trading bots.
$FANG Swing Idea (weekly Chart) : Buying zone : $83 to $86 Stop below $82 Donot take at first shot. Let it hold and bounce then take the retest. Note: Only if market makes a bottom and turns from there.
Over 25% max drawdown, with more possible.
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.
I am a big believer in big tech and it's disruption over the long term, but the recent action in the stock market has made me take a step back and study how the QQQ index has performed over the longer term. I have plotted the chart dating back to the 2009 bottom and there seems to be a clear uptrend since then. We checked back to that uptrend line a few times and...
NYSE:BABA did complete an inverse head and shoulders pattern today. it's now reversing to the resistance of the downtrend. A breakout of the resistance is a oppertunity to go long! Also note that today positive news about the China-USA tariffs came out!
fb consolidating in bull flag can pop up$5 in next 2-3 days
Amazon to reach $2060(ish) price point then retrace down to $1362 (61.8% fib level). Then expect to reach $2772 price point. Buy levels $1300-1500. Sell above $2600-2700.
bol="NASDAQ:GOGO"]NASDAQ:GOGO keep looking strong the entire time (even during when markets go down). It is now makeing a bull flag on top of another bull flag. In the new bull flag we can see a asematrical inverse head and shoulders pattern. This one seems to go higher once again.
truth: nasdaq doom’d thanks to hedge fund hotels looking quite random, at best, for a ‘long-short’ trade