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Fangs

BULZ- a 3X leveraged FANG ETF High Tight Bull FlagBULZ on the one hour chart is showing a high tight bull flag which typically heralds a bullish continuation. The tight consolidation channel formed today at the POC line of the volume profile. The zero-lag MACD shows the lines under the histogram and about to cross. The histogram itself has dropped to a zero amplitude. The trigger for the bullish continuation is price rises out of the regression channel and above the POC line. BULZ is a triple leveraged ETF holding the FANG stocks including META, GOOG, AAPL, NVDA and all the others. BULZ could spend another day consolidated and then run the remainder of the week. The 17% run thus far could be repeated in the days to come mightful however of the leveraging. I see this pullback as a great entry into a stock pattern that typically results in a resurgence of bullish momentum. I have pasted onto the chart a little bit of a description of the high tight bull flag patterns and their utility in trading when found.
AMEX:BULZLong
by AwesomeAvani
AMZN - The Jungle Ugly in the extreme. EPS missed the mark and the punishment is extraordinary after the Q4 Short Squeeze - we're seeing price well below 3400... used to SELL SELL SELL. Ouch, effing ouch. Depression, yes, Rexcession entry? crazy talk by design. It's a Depression and has been for some time. Consumption, Savings Real Incomes... yeah screwed beyond. Retracement? Hmmm... Good Luck. Only the FED can save this overpriced Paper. ___________________________________________________ #x Sub Sales Multi, good luck, 20% growth is gone for a LONG LONG time. EL/LA Tiempo reveals Rivian's gains are captured 2021 Q4. $8 Billion write down... some gains. Ouch. Expense Side - Ouch. Net Sales North America - Ouch. The decline in Internation Sales... Only $# Billion from a marginally profitable Business at best. Ouch again. Losing Money, AWS still the story, it's ain't expanding. For now, they have a Plenty O' Cash... for now. CASH FLOW Neggy ... again Ouch.
NASDAQ:AMZN
by HK_L61
2
AAPL - Apple Bury vs. Buffet (Warrens largest Holding)iMob losing its collective hive mind at present... No iCar, Factories in China and India Shut-In. Share Buybacks authorized to $90 Billion, the entire Cash Flow of Apple. Oh My, - promises in the Dark. ____________________________________________ The chart looks terrible. ____________________________________________ Buffet bag holding. Bury hunting Cultists. 206K shares Held, $36M Notional (PUT) Value, 17.86% of Portfolio. MB takes a swing, why? Simple, Apple is a mature company that is not innovating, investing in CAPEX... Supply chains are not going to absolve. Asymmetric postioning has served him very well. ARKK ( winner ) TSLA ( loser ) APPL ( winner at present ) @ 24x EPS remains bloated YOY performance was a warning of 4 to $8 Billion with impacts on Chinese demand and Foreign Business, with Gross Margin comoressing. Yeah, looks good for Dr, Bury not so hotso for the BRKA All you can eat.
NASDAQ:AAPL
by HK_L61
3
NQ - 15M Minute Range GLOBEX / RTH Facebook reports tomorrow after the Close, Options tomorrow to 300 should be observed closely. FB forceful effort to reclaim prior Highs essentially Failed on Friday. Grant it, there was a heavy Calls prem to remove from the Gamma Squeeze Herd in a number of Equities - GOOG, AMZN, and a great many others. Friday cleared the option writers Risk by running the table on both Puts and Calls. On balance, Writers will be looking for further Revenge Trades this week. It is important, as the DOM or Depth of the Market (also referred to as "Points of Control" by the latest generation of Gurus selling Newsletters, Strategies, Trades, and free riches) are influenced by Gamma. The NQ performed this feat in SUM quite well. The ES did a far better job of holding its own, Sellers were not frankly present to a large degree, 4505 held firm with a 10 handle FR. This week is an entirely different creature with immense VX being anticipated ahead of the most important FANGS providing their brand of color commentary. For the NQ the DOM is chopped at several levels, the ES is far more concentrated above 4515 to 4524. The past week has seen relative weakness in the FANGMANs... Whether there is more negative Price action to come for them or the INTC action will depend on one element... Which Trades First on the MIcro Timeframes.
CME_MINI:NQ1!
by HK_L61
5
(MUST SEE) Apple and Bitcoin in Comparative PerspectiveThose of you who traded through bitcoin's parabolic advance (like me) are about to experience flashbacks. This is because the price action in Apple's stock chart looks very similar to the price action we saw in bitcoin throughout 2017. Here, take a look at Apple's stock and bitcoin in comparative perspective: Obviously the timing is quite different. Apple has been forming this gigantic advance over the period of a decade, while bitcoin did it within a year. But I don't think I've seen this comparison anywhere else, and I suspect it's because of the duration of Apple's price advance which might be masking the problem that is now apparent on the chart. If the comparison is valid, then there's still room for price to grow. Have you been to an Apple store recently? I walked in today to fetch some of those Airpods Pro earbuds for my partner, which are like $390 CAD after tax. They didn't have any; all sold out due to an apparent high demand. As I was being informed of this by the kind workers at the store, they were raving on about Apple stock! I'm by no means a regular, but I've had enough conversations in that store to gather a decent sample size. This is exactly the type of thing I remember hearing from people in and around the community when bitcoin was making its raging advance in 2017. Anyway, I think price will continue to make its parabolic advance until mid 2020, at which point it will probably top out around $500 per share. After that, well, some kind of bear market. Hopefully we're not looking at Nikkei 2.0 for the Nasdaq.
NASDAQ:AAPLLong
by Trader6127
1
FNG1! ShortThe support and resistance levels coincide in an uncanny manner with the Fibonacci retracements. Once again, the price was rejected off of what looks like a mini double top and has already (almost) made it to the support level. We may see a bounce to form what appears to be a triple top or a brief overshoot as the negative divergences on the PPO and RSI get extended further. Although I am putting in a short sell recommendation right now, it would be wise to wait for earning season to end and perhaps even wait for the Federal Reserve to cut interest rates. I believe this event will act as a 'sell the news' trigger where no amount of QE and lower interest rates will convince anyone to buy when a recession has essentially been confirmed. For this trade it's recommended to use SQQQ and/or FNGD with stops below the recent lows on those leveraged ETFs. Again, I strongly advise to wait and be patient till the end of the month or at least set your stops even lower and gradually scale into your position.
ICEUS:FNG1!Short
by BigMouse777