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Faang

Google Trade Opportunity Google's price has been in a clear ascending symmetrical channel for almost 10 months now. The bias on this should be bearish, however, Google has just bounced once again off of the lower level of the channel thus confirming it as support once more. Downside risk is around 2.5% as a return to the lower trendline would not be out of the ordinary. A break and close below the trendline on the weekly will be enough to refrain from seeking any further immediate longs. Your profit taking target will be the top of the channel which is currently sitting at around 12% to the upside.
NASDAQ:GOOGLLong
by TradeVibez
NQ broke out of wedge. You can buy flags maybe.Pre market strength in all of the major indices. It doesn't have to continue, but if it does then look to buy flagging areas. There was a little bit of a sharp drop across the board around 9:15. When I see the unison nosebleed I tend to think that markets will eventually lose buyer support. I have seen buyers ignore the nosebleed in the past, as long as it's only a drip, but that type of price action can function to insert fear in an effective manner. Something to be on the lookout for. Taking a look at some of the markets that compose the Nasdaq: Faang's have been showing a lot of daily red candles lately with the exception of google. That is something you are supposed to use to help predict price action, however, I concern myself mostly with price action. Supposedly that's where it all shows up in the end anyway. And I don't have dozens of screens so it's more effective for me to narrow my focus than to try to monitor all the different relations.
CME_MINI:NQM2021Long
by emehoke
Interesting Long Term Trend for APPLEWhen ever Apple hits the top of the rising wedge, it seems to experience at least a 30% correction shortly after. The points at which that happens are highlighted by the yellow circles. The bottom of the rising wedge seems to be where the price eventually bottoms out (blue circles), but it has broken down from the rising wedge before. Right now, the top of this multi-decade long rising wedge is acting as support for Apple. If history is any indication, then perhaps we are due for a 30% correction. Or perhaps not.
NASDAQ:AAPL
by Huntz
US 10 yr yields are very likely to test 2This has meaningful implications on equity markets and tech. It looks increasingly likely that blow out earnings will mark near term highs for FAANG. As a quick reminder, higher yields increase the discount factor suggesting future earnings, which are important for high growth tech, are worth less today. That argues for a lower multiple and points to relative under performance. Powell looser for longer and Biden sanguine on near term growth, enabled by more fiscal stimulus, makes the risk of runaway inflation more pronounced and the bond market is likely to price that in, now. I am looking for a test of 2% for the 10 year and failing momentum for FAANG, post earnings. THIS IS NOT INVESTMENT ADVICE, DO YOUR OWN RESEARCH.
TVC:US10YLong
by Yearsofcharts
TESLA in 2020 vs APPLE in 2000, what if..I tried to compare the 2020 Telsa bull run vs apple during the dot com crisis what if we are in an EV bubble that is comparable to the dot bubble? could we predict how it will go this time? as we saw in 2000, the internet was intended to become a great thing, but not yet. what if the EV is intended to become a great thing, but not today? maybe in 20 years from now? I suggest you look for other stocks related to EV, green energy, and all the trendis right now, and by comparing those with the FAANG in the dot com bubble.
NASDAQ:TSLA
by camelot0707
1
BIG TECH FAILING? (AMZN)Amazon appears to be stalling at the highs. As the sp500 moved higher big tech seems to be stalling out at the highs. This is usually a very good sign that a major market crash is down the line (this year). Over the next few motnhs we are going to see huge swings/volatility in the market and amazon is going to lead the way imo. I will be looking to short the tops and only potentially buy the dip if it is at major weekly demand zones lower. Short bias for now Ninja's! :)
NASDAQ:AMZNShort
by NinjaTradingServices
AMZN to move into a bear marketAmazon stock has largely been trading sideways for the better part of 5 months, I've noticed this symmetrical triangle pattern which failed to break to the upside on February 2and. On February 25th a daily candle closed below the trendline support of this triangle. After a fall down to 2878 AMZN will likely look to retest this trendline as resistance. If we breakdown again or come up short of the trendline this could provide a good opportunity for a short trade. The expected measured move of this triangle is 24.61. My target for this short trade is 25.25 as I expect this to be the next place of decent support that is close to the measured move of this triangle breakout. I will set a stop at 3376. I will enter this trade between 3166 and 3209. I'm seeing a lot more potential short trades on FAANG stocks, even though everyone is patting them selves on the back because of higher highs in the broader market. I don't think we are out of the woods yet!
NASDAQ:AMZNShort
by zac_destroys_all