Today I am going over FANG. Facebook, Apple, Netflix, and Google. Yes, I know the “A” is meant to be Amazon but I am using Apple. Two of the stocks have a couple of long setups using the daily chart. For the other two, we are in wait mode for the price to come back to the levels we want.
FANG is the acronym that Jim Cramer coined for the 4 stocks – Facebook, Amazon, Netflix, and Google. It has stuck ever since. In the video, it looks like they are waiting for a little more of a pullback before starting another run-up if they are going for another uptrend.
This is a small basket of stocks I follow since they control so much market share and can move in big amounts in a small amount of time.
Apple is a stock I got out of a little bit ago after a nice run-up. It is one I hope pulls back some more so I can get back in. I think it is still an extremely strong company and will be for a long time to come.
Below will be the video of the analysis of the stocks rather than pictures as I am experimenting with a new style to display my information. I may eventually provide pictures of the stocks as well but I want to see what is the best way to explain the stock charts.
Video: Technical Analysis for Facebook, Apple, Netflix, & Google – FANG
Popular Links
Here are a couple of links if you are looking at how I view the market and some trade setups. You can create your own trading style and setups. Quit paying losing traders to teach you. The only thing they teach is how to lose money.
Meditation:
https://evancarthey.com/how-to-become-a-profitable-trader-using-meditation/
How to scan for winning stocks
https://evancarthey.com/how-to-scan-for-winning-stocks/
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My Robinhood Review: https://evancarthey.com/review-robinhood-trading-service-with-no-fees-part-1/
