FANG Stocks

The big four so-called FANG stocks have been leading the gains in the Nasdaq since Trump won the election. They were a little bit later to react than the industrial and financial stocks. They seem to be struggling to find direction now that most of Trumps election policies have fallen flat. NFLX is the only one that has earnings out and it is now back below the daily kumo for the first time since the election. GOOG and AMZN are up next for earnings. GOOG is a classic three push pattern. Interesting to see what happens.

FB daily is on resistance. Daily MACD has been diverging for quite some time now.

AMZN daily very over extended. Very toppy looking pattern.

NFLX daily below the kumo on tepid earnings report.

GOOG daily was a classic three push pattern. See if it breaks back below the daily kumo.

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