Repeat of 2018 Crash?Things are looking very similar to how they did in October 2018.
> In 2018 FAAMG fell by 25%.
> If we correct 25% like we did in 2018, it would take us to the lower support of this ascending channel.
> A 25% correction would also take us perfectly to the 100-week MA.
> Bearish divergences are shaping up in similar ways as well.
It's interesting to note the similarities, but of course there is no guarantee we see a fall of 25%.
FANG
FANG - Setup looks solidThe Potential for the FANGs to have a rather large
disruption is advancing.
El Cliffo awaits.
AAPL is wandering in the Gamma Squeeze desert trying
desperately to regain 150.
We remain unfilled on our ES 4414.75s... hopefully into
10:30AMEST we receive our Fills.
We pressed ES form 5 to 10, with a 30 handle target below.
AAPL - Bullish earnings , expected move to $155 Happy weekend traders! I am bullish on apple earnings, so here is my analysis. On Thursday, July 22, 2021 there was some notable buying of 82,115 contracts of the $150.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 4.2%, which would put the stock at about $155 post ER. *Dont go too far out of the money, if you play earnings as IV crush will get you. Hope you banked on my NFLX ER short idea. Cheers!
NIO vs APPLEthose 2 chart seems pretty similar.
fact is: it's not only NIO. TSLA too is similar, EV stocks are similar, SOLAR stocks are similar, trendies are similar..
and you know what?
APPLE price dropped 80% after that...
check this
and what else do we see?
before that, volume was lowering, but the crash omg, there was so much volume...
and what else?
well, do you see the NATR indicator? there was a BIG spike... signing the bottom basically...
apple was 1 USD before the crash, 25 cents after, and 150 USD now, after almost 20 years.
who else thinks that EV and GREEN ENERGY is the future? well, a lot, especially the younger generation (I'm one of those btw), and guess what? those people are the ones who will be running the world in 20 years from now (I'm 20 right now, in 20 years I'll have a job, and ill be doing my part in the economy, and with my own thought, ALSO about energy usage..).
so, people idea influence the market, and that is why today the green energy market is just at its start, as technology was 20 years ago, when a bunch of young people created Apple, Microsoft, Amazon, Facebook, etc.. and following their belief, the market has grown in that direction.
so, let time do its job, and always use STOP LOSS.
ofc, you could try to short those stocks, but idk, it's not my thing doing so.
thank you for reading till now, and always enjoy your youth.
AMAZON Huge double top Very large double top here. The second peak occurred during the record breaking earnings, and still the stock rejected new highs and swung lower. If we see a trend line break, this can tank hard.
Inflation, Interest rates, supply chain problems, Fed tapering, are all risks to come. Upside seems very limited with the downside simply a lot steeper.
Trading Idea - MicrosoftBUY only! :-)
1.) Fully intact upward trend!
2.) See marked regression channel (blue/red channel)
3.) simple strategy! ONLY Buy. :-) Buy in the red channel zone! Set SL below last significant low!
4.) The software group posted an overall strong sales development in the last fiscal quarter. This should give the share's earnings room for improvement.
Is Netflix at Risk of a Breakdown?Netflix was obviously a big beneficiary of last year’s pandemic. It was one of the first to break out (mid-April) and one of the first to peak (early July). Now it may be at risk of breaking down and having a deeper pullback.
The first and most important thing on this chart is the bearish gap after the last earnings report. Profit and revenue beat as management raised prices. That kind of tinkering might work for a consumer-staple company or an industrial, but a growth stock needs to grow . And that’s where NFLX came up short, with subscribers up barely half the expected amount.
NFLX has not only failed to bounce after that gap. It’s also consolidated below its 200-day simple moving average (SMA), not once closing above it.
The current area also corresponds to an upward-sloping trendline that began in late June. Additionally, it’s near the “nice, round number” of $500.
Amazon.com and Apple are staggering as well, despite good results. Meanwhile, energy, materials, financials and industrials are pushing higher. It appears money is rotating away from Growth / FANG once again now that earnings have passed. With the economy reopening, that could be another risk for NFLX.
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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! :)
Potential bear flag for FNGU - maybe 45% downside? FNGU is a 3x leveraged fang etf.
We've had a small consolidation (flag) but now we've started moving downward again (potential bear flag pattern).
Bear flag price target of roughly $15 would mean a 45% fall from current price.
Price target lines up with support levels of around $15 which we bounced off of multiple times in September 2020.
We also recently crossed below the 50d MA on the 4H.
Bull flag on weeklyCongrats if you survived last weeks blood bath! We have had BTD (Buy the dip) scenario after every pull back for 4 years. Last week was not buy the dip.
The reacted expecting higher interest rates to weigh on stock prices by making bond investing more comparatively attractive. The 10 year treasury note hit a high of 1.55%. FOMC decision is March 17th. Now, Google finished last week +3.7% and best out of the FANG stocks. 1.9 Trillion Stimulus was passed on saturday, so keep an eye on GOOGL.
RTLR - A Spinoff w/ Room to GrowFoundation of revenue from long-term fixed contracts provided by the parent company (FANG).
Utilizing FCF to fund five JV's; three of which are paid for and already generating cash. The other two require an additional $79m in Capex before completion.
Additionally utilizing FCF for an 'aggressive' share buyback program.
This should result in 2021 results showing decreased CAPEX, and higher cash-flow as joint ventures are completed and optimized.
With a 7.79% dividend and a nice ascending triangle, RTLR seems primed for a move up in the short-term, along with a promising foundation for the medium to long-term.
The Fibonacci extensions provide some insight into potential short term targets once weekly candles begin to close outside of the blue triangle.
This post is purely for education purposes.
I am not a financial advisor, and as such, this post should not be interpreted as financial advice.
Democratic control of senate could lead to major gains in EnergyFANG is one of the names poised to benefit from infrastructure bills and further rallies in the energy sector. I predict we see a return towards the 50% area on the Fibonacci retracement. I see $80 in the immediate future and much more to come if infrastructure is on the democratic agenda.