02/08/2019 |
TrendSpider Thursday Analysis: FANG Stock Update
Every Thursday, TrendSpider releases a blog looking at a group of stocks to show some of the features of the platform as well as show interesting patterns setting up. In this Thursday’s blog post, we take a look at FANG stocks and how some of the daily price action has hit crucial long-term resistance levels such as Facebook hitting the monthly SMA (20) this week and reversing hard afterward.