BABA not one I'd short heavily. Sure looks good for the next fib zone fill on earnings around $215-$220
This would be a logical place NFLX would find sellers.
NFLX sure looks like all clear sailing hire. My first tgt 274-275 area. There are still good things happening in the market but these momo trades likely few and far between soon.
NVDA been it's own best for a while but I see some profile changes hitting the SOXX index. This could hurt all semi stocks. Very difficult to trade upside here.
AMZN hit my tgt price yesterday of 1380 and immediately pulled back. Chart is still ok but careful about any lower tomorrow. It's getting at a point where momentum traders have to take money off the table technically.
FB is one of the few fang stocks not going to the moon before earnings. I still see pull backs a buyable.
BA consolidating here but there is huge risk nice pull back if it starts breaking. Large gap for next pivot support.
TSLA has been oscillating between the faib fans. Looks like we are headed lower
AAPL stopped on weekly ichomuku support today. You can see it's been oscillating along that fib fan line and today it went to the far down extreme. Decent odds long set up into next week earnings.
The new tariffs on washers a huge win for WHR. A great tail wind for this stock.
pivots suggests a larger move about to happen
It even had bad news out this morning with one of the driverless cars hitting a fire truck. Up and away already. Basically set up for a triple top soon. Likely before earnings.
I am quite bullish FB for earnings. This is one of the few FANG stocks still not to hit upside tgt into earnings. My initial analysis saw FB back to all time highs but recent price action suggests it will run into all time highs for the news.
Well, NFLX will be a tail wind for some of the fang stocks now. FB and AMZN have the most upside before earnings now.
RSI above 80 right now but I don't see this being done here. I do believe chances for large day moves greatly diminished. The easy money trade is over in my opinion. Remember DIV payout this week. I do have it a Fib Fan resistance. I do believe this whole sector needs to focus one far better online presence. Locally, Menards is building a second mega store. ...
FDX tagged weekly resistance once already and immediately sold off. Now again it tagging again. Could be time for the break to new highs.
Right at this price is monthly, weekly, and daily resistance.