FAANG, macd and MAs divergence.ie minimize risk by buying positions when both MAs(price action) fits macd potential. Divergence is bearish.
maximize gains by ONLY buying good positions.
NYFANG trade ideas
NYSE FANG+ Index Is In A Five-Wave Bullish ImpulseNYSE FANG+ Index, which consists of Facebook(Meta), Amazon, Apple, Netflix, Google, Microsoft, Tesla, Nvidia, AMD and Snowflake, we see it still in strong bullish trend with room for more gains within a projected five-wave cycle. Currently we can see it slowing down within subwave »iv« correction that can find the support around 7500 – 7400 area before the uptrend for wave »v« of 3 resumes.
FANG Starts A Temporary PullbackFANG index coming lower. Tech in a pullback?
If that's the beginning of sub-wave four, then this pullback can last till July.
NYSE FANG+ Index: wait is better⌛' The NYSE FANG+ Index is a rules-based, equal-weighted equity benchmark designed to track
the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the
technology, media & communications and consumer discretionary sectors'.
Companies included in the index:
Meta, Apple, Amazon, Netflix, Microsoft, Google, Tesla, NVIDIA, Snowflake and Advanced Micro Devices.
Graphically speaking, I would expect a better definition of which way the price is going.
Looking at the Stochastic Momentum Index, I would say that opening a long position would be too risky.
Below are some possible scenarios:
Scenario 1:
Scenario 2:
Scenario 3:
Scenario 4:
Scenario 5:
FANG - Bullish and bearish scenariosEither way we should get a leg up here -- but what happens on the pullback probably depends on the July inflation CPI print.
FAANG INDEX BREAKS DOWNAs typical with bear markets the unprofitable "growth stocks go first, followed by the profitable stocks on high multiples and the overall index is saved by the large caps due to their weighting in the index.
The FAANG index has now broken down and is looking at a minimum 34 percent loss.
The index decline will be accentuated by further losses in the first two categories even though they may seem relatively cheap compared to ATH.
Any stocks with stretched balance sheets, and survival dependent on Capital Raisin in the next 18 months will simply go out of business.
NYSE FANG+ INDEXIf the index doesn't move above 7422 in February, then I see a high possibility that it will fall below the January low... If not in February, then in March and April.
In this context of the red ABC correction, the red C corresponds to 1.38% fib of the red B.
This schema could serve as an orientation for the Dow and the NASDAQ 100, because they could show similar development.
US FANG BreakoutFANG index had key breakout and it strong bullish trend.
Google stock split will add more fuel to the bullish trend and Rally can go to T1 or possibly T2
Trade plan would be go long for T1 with a Stop loss of point 2 of EW
FANG index. Possible @ wave (C) of triangle. 3/Jan/22FANG + Index ( Meta , Apple, Amazon, Netflix, Google ) Index possible in wave (C) (cyan/light blue) of the wave 4 (Red Circled) triangle pattern.
fang breaking trend??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
FANG the Bearish Movement is here ! H&S Pattern developing on the FANG index, I expect we drop 20% from here to retest the bottom of the channel.
Compelling entry for FANG+ related fundGrowth stocks like FANG+ members will definitely prevail in the post COVID-19 world where cost of funding (interest rate) will remain Near Zero for Longer, investors' appetites for yields/risky assets could be high and slow global recovery (growth will be preferred).
