| StockFetcher Forums · Stock Picks and Trading · Technical Warning signs before NASDAQ/FANG sell-off on 9th June 2017 | << 1 ... 3 4 5 6 7 >>Post Follow-up |
| karennma 8,057 posts msg #136358 - Ignore karennma |
6/14/2017 10:16:04 AM Oh! Thanks for the chart! :>) |
| johnpaulca 12,036 posts msg #136359 - Ignore johnpaulca |
6/14/2017 10:19:10 AM intraday trading: We're now on the 2nd bar on 30-min chart this should tell you who's controlling that stock. FANG: below $91.48 sellers are in control AMZN: above $958.36 buyers are in control SPY: 244.60 above bulls, below bears note: price levels are approximations |
| karennma 8,057 posts msg #136360 - Ignore karennma modified |
6/14/2017 10:25:47 AM JP, Please read my previous message.** I'm not sure anyone here is trading FANG (unless you are). I believe we were all referring to (the group) FANG(s) -- not the stock. Edit: ** Bottom of tab #4 in this thread My apologies again for the misunderstanding. F-A-N-G- ... FB AMZN, AAPL NFLX GOOGL |
| johnpaulca 12,036 posts msg #136361 - Ignore johnpaulca |
6/14/2017 10:30:57 AM Wasn't aware of the the acronym since I don't creep out forums. Yes I have traded FANG in the past but the volume can be sucky for day traders. |
| pthomas215 1,251 posts msg #136362 - Ignore pthomas215 |
6/14/2017 10:35:35 AM Caffeinated Karen, I dont think anyone thought NVDA was going lower. I think resistance was 95 at the time. it busted above that. |
| karennma 8,057 posts msg #136367 - Ignore karennma |
6/14/2017 10:53:50 AM pthomas215 - I don't mean people here. In fact, the entire 3 months I held NVDA, I avoided talking about it because it wasn't going up -- and worse, I'd bought it accidentally. Even the recent "windfall" was an accident. I just didn't want to take a loss. It stayed below my buy price ($110) a long time. . |
| pthomas215 1,251 posts msg #136368 - Ignore pthomas215 |
6/14/2017 10:59:49 AM CK, no worries. you did well ! you are to be congratulated. Now, that said, I still think in the near term shorting the Nasdaq and XLF are decent plays. |
| karennma 8,057 posts msg #136369 - Ignore karennma |
6/14/2017 11:03:18 AM johnpaulca 10,683 posts msg #136361 - Ignore johnpaulca 6/14/2017 10:30:57 AM Wasn't aware of the the acronym since I don't creep out forums. Yes I have traded FANG in the past but the volume can be sucky for day traders. =============== Actually, FANG is a pretty well-known acronym. As per Investopedia: BREAKING DOWN 'FANG Stocks' FANG represents the most popular and best performing tech stocks in the market which have generated spectacular returns for their investors. The four stocks – Facebook, Amazon, Netflix, and Alphabet Read more: FANG Stocks (FB, AMZN) | Investopedia http://www.investopedia.com/terms/f/fang-stocks-fb-amzn.asp#ixzz4jzN7bjFa Follow us: Investopedia on Facebook If you google trading Fangs, you will find references by Benzinga, Mark Cuban, Fool.com, Investors.com, thestreet.com, FT.com (Financial Times), Forbes.com, Futuresmag.com, cnbc.com, -- given that it's on "CNBC, I figured every joe schmuck knew what FANGs were. I read a lot -- not necessarily "creepy forums". |
| lonehand 9 posts msg #136370 - Ignore lonehand |
6/14/2017 11:37:56 AM Yep the real fang is a choppy mess. LOL. I think it is great that JP has insulated himself from all the BS. I try to not follow that business news stupidity, but obviously I can take it to a new level. |
| Mactheriverrat 3,156 posts msg #136374 - Ignore Mactheriverrat modified |
6/14/2017 11:28:58 PM I'll be watching that AMZN I won't be giving up a lot of profit I can say that! Could be that rate hike that left a bad taste. Stupid fed and Government that can't even get the anything right they touch. |
| StockFetcher Forums · Stock Picks and Trading · Technical Warning signs before NASDAQ/FANG sell-off on 9th June 2017 | << 1 ... 3 4 5 6 7 >>Post Follow-up |