Faang
What happens next for AAPL?As you can clearly see on the chart, the AAPL price has been bouncing back-and-forth between 2 lines (“support” & “resistance”) dating all the way back to 1981!
However, with these 2 lines quickly approaching a point of convergence as the AAPL price approaches a new ATH, something’s gotta give.
And so I ask - what happens next?
AAPL: Reversal Pattern, Starting Point of Bearish Trend to $100?Hello Fellow Stock Global Trader/Investor!
Chart Perspective
AAPL has broken out of the substantial support/neckline area. The breakout of the Double Top Pattern could indicate a possible trend reversal. Furthermore, The Trend is moving below the EMA 200 Line, confirming a bearish trend. The MACD Indicator made a death cross, signifying a potential downside movement to the target area.
Fundamental Drives
1. The Easing Covid Policy in China could help spur global economic growth but would also add further inflation to the global economy.
2. The Prolong High Inflation Environment Rate would force the central bank to increase interest rates even further.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AAPL"
NASDAQ: Hawkish Fed Will Drop the Market Even Further?Hello Fellow Stock Global Trader/Investor!
Chart Perspective
Nasdaq retested the EMA200 and the bearish trendline with an impulsive bearish candlestick, indicating a bearish sentiment. The recent, Breakout of the Complex Double Top Pattern is a clear indication of upcoming bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area.
Fundamental Drives
-Missed Earning Estimate
-The Hawkish Fed
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NQ1!"
The Santa Rally Continues - Don't get stuck in Perma-Bear modeFar too many people got burned over the past 24 hours by betting the FARM on the Fed coming out Hawkish.
I was chatting with a guy on Twitter last week about his call for a deep selling phase (possibly reaching COVID lows) in the US markets. His followers got burned by today's move (some really badly).
You have to shift with the market trends and prepare for the unexpected.
My research kept my followers away from risks and has been pointing towards a Wave-5 rally setting up in the US markets for many months.
I use my Custom Indexes to get a better "feel" for how the markets are reacting to various inputs/outcomes.
My Rotational Modeling system has been cautious for more than 14+ months - off only -6% for 2022. Many other Hedge funds are off by at much as -40% to -60%.
Days like today, if you were lucky enough to survive them, will teach you a few lessons...
Don't get married to a trend
Protect capital at all times
READ THE DATA - not the emotions
Price can fool you - so protect your position.
Follow my research.. Or, at least, check out my content before you decide to place your trade.
Check out my SPY Cycle Pattern posts. Ask questions if you have them.
This move isn't over yet.
FAANG Is about to go higher!Traders and Investors, FAANG index has reached an FCP zone which is also a previous structure level. This can create a good bounce up (BULL) opportunity for all FAANG stocks.
Facebook (Meta)
Apple
Amazon
Netflix
Google
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Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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🔥Why should the META grow by 182%? PE, EPS, QT, crypto(?)🔥 Hi friends! 434 days from ATH to 2015 year lows. Zuck lost almost $100 billion in 13 month!
Why do I think that META should grow by 182%? The answer will be in the end. Now we gonna talk about the main reasons why the 1 trillion company fall to 270 billion capitalization.
🔥 First of all, if you want to undestand why META fall so deep, you should pay attention to the fundamental data.
📊 EARNINGS
3Q REV. $27.71B, EST. $27.41B, beats by only 1%
3Q EPS $1.64, EST. $1.89, lower by 15%
3Q FACEBOOK DAILY ACTIVE USERS 1.98B, EST. 1.86B
95% of profits Meta is advertising. According to the company's report, we can note that the smaller number of advertisements launched by users (sellers) indicates a decrease in demand among consumers. People pay attention to saving money rather than spending.
🚩 For example, investments in new housing decreased by 26%, which has not happened since the 2008 crisis. This indicates a world recession and the main reason why Meta fall.
Globally, we can see the recession not only on Meta but on FAAMG overall. There has only been one other day since 2012 (when Facebook/Meta IPO'ed) in which FAAMG stocks underperformed the S&P 500 by as wide of a margin.
📊 PRICE TO EARNINGS (PE) and EARNINGS PER SHARE (EPS)
The price-to-earnings ratio is the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Simply put, in how many years will the company pay off if 1 share brings a certain amount of profit. For example, if 1 share of Meta costs $100 and earnings per share (EPS) is $10, then your share will pay off in 10 years = $100 (Price)/10$/share (EPS).
Only now after the 75% dump, the PE of Meta return to a favorable value for buying (9-10) for the long term.
As you can see the PE was 20-30 at the last year and few years before. So you need to wait for 20-30 years for your investments to return!
✅ It's just a drop that normalizes the company's numbers and forces the stock to move from weak hands to more patient ones.
📊 THE FED HIKING RATE
Quantitative tightening (QT) refers to monetary policies that contract, or reduce, the Federal Reserve System (Fed) balance sheet. FED will finish the hiking rate by the Q1 2023 ass experts said.
The high rates are made in order to reduce inflation and so it is. Inflation in the US does continue to fall. But such high-tech companies as Meta are starting to suffer because of the reduced demand among the people.
✅ Therefore, we can see at least a local reversal in stocks in the next 2-3 months.
📊 WHY DO I THINK THAT THE META SHOULD GROW BY 150-200% IN THE NEXT FEW YEARS?
The answer is the crypto BULLRUN and mass crypto adoption. The Meta (FB+Inst) is the largest social networks. Zuck is continuing to develop metaverse project (avatars, NFTs etc.) and as we all know there are no metaverse without crypto.
Meta price can blow up, when BTC starts it's bullrun as it was with another companies related to the crypto back in 2020: Coinbase (COIN), Marathon (MARA), crypto miners (Riot, Hut8 etc.).
📊 TECHNICAL ANALYSIS
The closest support areas:
🔥 $90-100 - value area, even number
🔥 $72-85 - value area
✅ The closest target and resistance is $162-186 value area.
🚩 The growing volume shows us that the main reason for fall was the the panic selling and MASSIVE liquidations of the overleveraged traders. This is why the price can make a local PUMP(pullback) soon.
In any case, it's good for the big players , who got the huge amount of liquidity to buy Meta.
✅ Traders, what do you think on META? Is it possible for Meta to return to 1 trillion capitalization? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TSLA, broke the triangle, that points to lower prices, but...315 has been a very strong resistance to break for TSLA. On the chart you can see that the top box was built from the top of the breakout gap of Oct25,21 and the pivot point high of Nov4, 21, then we cloned it to establish the bottom box whose floor was the target of the correction, which was met to perfection.
Last Friday TSLA broke below an almost symmetrical triangle and although this portends further lower prices, it is possible that the rebound we are expecting from the SPX tomorrow Monday and/or Tuesday, may help TSLA to recover the inside of the triangle. There is support at 265 and 255.
We remain neutral at this time, but think that 315 will stand as resistance for quite some time.
NFLX, is now the strongest FAANG stock. It should bounce again.NFLX has proven in recent weeks to be the strongest stock in the FAANG family of stocks. It has held above a long-term trendline linking the 2013 and 2016 lows.
Comparing the ratios of the SPX and each of the FAANG stocks, NFLX is the only one that has held above the June 2 high.
This is a short term trade to take advantage of a bounce and then decide according to price action.
We are expecting a bounce in the SPX tomorrow Monday or Tuesday after extreme readings on several indicators. We do not expect a very long lasting rally and when the downtrend resumes, NFLX will probably follow suit as well.
$NFLX - is it time to buy?$NFLX - is it time to buy?
Could be time to buy - we got triangle pattern, now I look at individual stocks whilst comparing it to the indices of NQ and I am bullish I am buying dips and taking look at FAANGS short term buy looks could be good opportunity.
Q2 2022 earnings on Tuesday. Watch out
Take care
TJ
Falling Wedge + Bullish RSI convergence on FAANGAlthough I biased bearish for the past year, the markets are clearly oversold and, furthermore, appear to be showing consolidative pattersn.
FAANG index is also showing bullish consolidation.
We have a falling wedge and a strong bullish RSI convergence.
I believe the recent downturn was also an ABC move.
So, in short, although we are down a lot, we have a very bullish outline despite the bearish macro-narrative.
S&P500: Bearish Continuation Pattern, How Far It Will Go?Hello Fellow U.S. Investor/Trader, Here's a Technical outlook of S&P500!
Chart Perspective
S&P500 is forming ascending broadening wedge pattern after rejecting the resistance area. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
There are also worsening macroeconomic conditions such as a high inflationary environment (8.6% Inflation Rate) and the declining Consumer Confidence Index. The Fed responded to the high inflationary environment by doing Quantitative Tightening and raising the interest rate, potentially increasing the probability of a further move downward on the S&P500.
*All the explanations are presented on the chart*
*The Outlook will be active after the price hits the confirmation line.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position in the Index".
NASDAQ: Moving Below EMA 200, Bearish Trend Doesn't Over Yet?Hello Fellow U.S. Investor/Trader, Here's a Technical outlook of NASDAQ!
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
NASDAQ is forming the head and shoulder pattern near the EMA200 line. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
The Outlook will be active after the price hits the confirmation line.
*All the explanations are presented on the chart*
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position on the NASDAQ Index"
NFLX:If it looks like a bottom. . . ?!!Netflix
Short Term - We look to Buy a break of 210.00 (stop at 158.96)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected to close the gap between 248.70 and 333.22.
Our profit targets will be 329.00 and 400.00
Resistance: 240.00 / 330.00 / 400.00
Support: 160.00 / 125.00 / 81.00
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