Faang
AMAZON - SUB ONE THOUSAND...NO financial advice given here
Don't listen to this old man
www.cnbc.com
AAPL long target between 133 and 150 on rising wedge supportAAPL 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.
FB To 100: Bye, Bye FACEBOOK - Hello XXX New Social Media!Dear Friends!
You know one thing is for sure: As long as you follow D4s advice, it will not go wrong. I told you to SHORT Facebook, and down we went. We will fall even lower, my dear friends.
Yes, we have found support on the 200 EMA and MA, but it's just a matter of time before we will make a big bear flag and drop even more. FAANG stock leader FB, will soon not to be found in the top.
Try to look at Chinese AliBaba - it has some potential. I made a chart about it 2 days ago.
D4 <3
PS. Please leave a like - I spent a lot of time making these charts for you, guys. Much appreciated :)
AMAZON - Tomorrow - 29-11-18 \ jim cramer "mad money" is right AMAZON - Tomorrow - 29-11-18 \ classic bear market behavior
- jim cramer "mad money" is right
NASDAQ:AMZN
Netflix Still Has Room To FallDespite a 36% dive, $NFLX can fall another 29% and still post a small gain for the year.
Given rising volatility and a broad-market correction, a short position on Netflix could be a good idea.
A bearish strangle with expirations on DEC21 is what I'm currently holding. The possibility for an end of year rally is still there (hence using a strangle for protection if things go awry), but the probability of that rally grows increasingly slim - particularly within the FAANGs as a correction is far past due.
FB, FAANG and Big Tech Stocks: Weakening TechnicalsFacebook, FAANG stocks and other big tech stocks too were bound to have a rough day with gaps down and runs down as NVDA reported lower than expected earnings after the close yesterday. NVDA had a massive gap down today. FB had a small gap down at open. Volume Oscillators reveal an increasingly weakening price trend when below the center line, indicating the sell side is dominant. The stock could easily break down and move down further.
H&S + UPWARD POINTING WEDGE FORMATION = SELLAre we beading to a huge sell off?
Chart says so
MACD is down, looks like a double top at ~400 USD mark
Initial Target is $200.00
Volume is non-existant, and we can expect a red glow to arrive whenever the sell off begins.
Gap to Gap Netflix ShortPossible Gap -> Gap short opportunity after its downtrend after major parabolic advance was broken.
385 proved to be significant resistance before, I will be hoping it can yield another great trade again but with greater results.
332 would be a logical TP, then filling the gap at 227 would be my short target, the gap at 194 (where decent VPVR backed support is) would be where I would consider going long.
CLEARLY A SELLall the FAANG Stocks are due for a correction, from MAY 2018-AUGUST 2018 you had seen an 80 degree trendline of growth.
not sustainable.
SPX LAST BULLISH PUSH
SCARE THOSE WHO HAVE STARTED SHORTING THE MARKET AND EXCITE THOSE WHO THINK IT WILL GO EVEN HIGHER THAN 3K?
$NFLX Long TermLooking at this monthly chart Netflix started to break above it's upper channel trend line. Typically when this happens it is a sign that there is some parabolic momentum and there is a good chance for a reversion back to the upper trend line. That measured move would be around the $288 zone. I would expect that area to be defended.
Apple ripe for a bite downDivergence on the 4hr, also highlighted previous divergence, wear, wash rince and repeat.
Friday, broke the 4hr up trend line, maybe a retest to come (see blue arrow).
Buy Put on Monday AAPL180810P00190000
Limited risk
Earning on July 31st AMC.
Iphone sell slowed down.
Tarrifs talks
Bearish Rising wedge pattern on modified FAANG #FANGMANIABearish Rising wedge pattern on modified FAANG #FANGMANIA $FB $AMZN $MSFT $INTL $ADBE $NVDA $GOOGL $NFLX $AAPL
Disney Retail Trap: Correction on the horizonDisney receiving a boost from the downfall of Netflix, with many seeing this as the perfect hedge against the FAANG giant. The strong bullish candles steaming into a strongly established supply zone smells like a retail trader trap this time. I expect price to reach above stops around 113 of the previous move and into my grey and red zones where I expect heavy selling to occur. Buyers would be epected to make an appearance at 106 and 100 for the time being. Contrary to Fundemental analyst predictions, earnings announcments may drop this down below 100, but nothings certain so preceed with caution around earnings time.
Moving on the average AMZN is in a clear bull pattern with prices trading at the mid level of the uptrend channel.
A small correction may be quite possible in the very short run given the "overbought" situation of the Stochastic RSI that will obviously need to reset.
MACD shows an uptrend too.
My overall idea on the stock is that it should appreciate even more in the medium term so, overall, I'm bullish on it.
***Not a trading advice, merely my idea for informational and educational purposes only***
AAPL breakoutAAPL shows a breakout on both the hourly and daily charts. After the hige breakout of the beginning of May (around May the 3rd) a triangle formation developed and a second breakout (with a gap-up) formed on June the 4th.
Current hourly Stochastic RSI shows weaknesses and "oversold" features hence I think there's still room for some grow. A possible further triangle might be forming with a subsequent breakout. MACD and EMA indicators shows bull signs too.
***Not a trading advice, merely my idea for information and educational purposes only***
SPY - Weekly OutlookWelcome back traders! Here's your weekly outlook for the SPY! Thursday and Friday last week were pretty anti climactic for the SPY, we just saw a whole lot of in and out near our blue box but here is what I'll be looking for this week. First of all, I'd expect for it to crawl up right up against that orange trend line I've got drawn up there, which it's done so far and if it continues to do so we can ultimately see a test of the upper descending trendline for our larger descending triangle we are still in and at least for the first attempt I'd expect to see that fail. That's what I'd expect to see at most, IF it were to break through the orange line then we'd have to brace down below BUT I wouldn't expect to see that, at least not "yet". I'm still holding on to the idea of being bearish for now...not until I see a clean break of the highest trend line. Let me know what you may think in the comments & as always, good luck & safe trading, I will see ya'll on Monday!
