11/25/2018 | by Brad Ritter

Market Update Into 11/26: Revisiting FANG Charts

BlogPrepare for the Trading WeekMarket Update Into 11/26: Revisiting FANG Charts

A prepared trader is generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. One of the best ways to learn about the markets is from experiencing trading or investing in them first hand, but also going back and looking at the charts to see how they formed since your analysis. In this post, we revisit the FANG stock analysis from early November to get an idea of what went right, what went wrong, and how things look going into the last month of trading in 2018.

Facebook ($FB): Daily vs. Weekly

$FB daily and weekly charts.

Video Analysis:

Amazon ($AMZN): Daily vs. Weekly

$AMZN daily and weekly charts.

Video Analysis:

Netflix ($NFLX): Daily vs. Weekly

$NFLX daily and weekly charts.

Video Analysis:

Google ($GOOG): Daily vs. Weekly

$GOOG daily and weekly charts.

Video Analysis:

$XBI: Before vs. After

This weekend’s “Before and After” shows the TrendSpider platform in action with an alert triggered after the price of $XBI moved back down to test the support trendline below. On top of being a state-of-the-art charting platform and automated charting tool, TrendSpider is also a dynamic alert platform for users to utilize when they cannot be near the computer at all times watching the chart. To learn more about how to set your alerts on the TrendSpider platform, check out our blog post here.

Before

"Before" chart showing the TrendSpider platform in action with an alert triggered after the price of $XBI moved back down to test the support trendline below.

After

"After" chart showing the TrendSpider platform in action with an alert triggered after the price of $XBI moved back down to test the support trendline below.