AMZN LOOKS LIKE TSLA BACK IN NOV. I WOULD GO LONG OVER 3200, OR YOU CAN WAIT FOR THE 3250 BREAK FOR A BIGGER BREAKOUT. I WOULD GO SHORT UNDER 3075.
This is just speculation. Trading near support within pennant. RSI hidden divergence.
AMZN has been trading into a consolidation pattern. Looking for bullish price action in the following weeks. PT $3500 (ATH).
Facebook triangle pattern is getting tight. Just waiting for the breakout, a stimulus bill would do the trick.
$FB Give a little more time to FB. Let them settle from
IF TSLA CAN'T GET BACK OVER 608, IT CAN CONTINUE MOVING LOWER TOWARDS 585, 573, 554. I WOULD CONSIDER CALLS OVER 608
FTC wants Facebook broken up to create the same level of competition that would have existed without the mergers. Facebook still has plenty of untapped potential that has Wall Street excited, apart from its cryptocurrency venture. In August, it began taking on TikTok with the newly launched Instagram Reels. And the long-term effort to monetize the massive...
Fib extensions, trendlines, support/resistance levels, blah blah
Red DOA fired! Broke below the DOA_S/R confluence! Its breaking out the bullish trend line! Now we should see a retest. Once the retest is successful we'll see it follow that path arrow
Laggards of the Month Awards for Big Tech in the post-Biden-win period goes to: Amazon AMZN, Facebook FB and Microsoft MSFT. Netflix NFLX, Apple AAPL and Alphabet GOOG doing ok. No need to talk about the price of Tesla TSLA stock.
PRE MARKET- WEDBUSH RAISES AAPL PRICE TARGET TO $160 I WOULD GO LONG OVER 125. TRADE IDEA: 127C 12/11
I started buying Microsoft call options on today's weakness and I'll be adding tomorrow. Price action is getting really tight at the right spot - $214. Here's what I'm seeing on the daily time frame: We have a potential bullish continuation pattern on the daily if the support holds Do you see the support? With evidence of capital flowing slowly into FANNG...
Today we examine Facebook. Long time uptrend is our extended lower(green) line. Over the past few months shorts have had their way bringing it down. The purple line is a different color because it seems to be the area price action reacts to, and it creates this nice little ascending triangle(bullish) if we examine the shape. Lets note 2 dates and ill explain...
FB NEEDS BACK OVER 280 TO GO LONG. LEVELS ABOVE ARE 284, 288, 296, 300, 304.