FANG Stock Analysis

FANG is the acronym (coined by television actor and ex hedge fund manager Jim Cramer) for four tech giants  – Facebook, Amazon, Netflix, and Google (now Alphabet, Inc.).

Here are the charts and our commentary for FANG stocks:

NFLX - Netflix - Weekly Chart
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NFLX - big move for Netflix after surprising analysts record subscribers

Here’s the big move for Netflix after surprising analysts with a surge in subscribers for this earnings period. We no longer hold NFLX, selling it 6 weeks ago...
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NFLX - Netflix - beats estimates. Record highs after hours

Today was earnings day for the internet movie pioneer and news was good. NFLX added more subscribers than expected and is trading at record highs in after hours trade. Trading close to 180. Excellent bull market behavior!
Video: Netflix Earnings
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Trading Video: Netflix Earnings Due

We haven’t tuned in to the internet entertainment content provider for a few weeks. Here’s the chart: Netflix is finding support at the 21-week moving...
NFLX Weekly Chart
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Netflix is finding support at the 21-week moving average

We haven’t tuned in to the internet entertainment content provider for a few weeks. Here’s the chart: Netflix is finding support at the 21-week moving...
AMZN - Amazon Daily Chart
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AMZN - Amazon Back at 1000. New Ascending Triangle pattern?

The retail/tech behemoth is back at 1000 and appears to be putting in an Ascending Triangle pattern. A close below that blue upward slanting trendline would...
AMZN - Amazon Weekly Chart
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Amazon eating up retail world and AMZN trading near record highs

While the company Amazon is continuing to eat up the retail world, the stock AMZN is trading close to all time highs. An ascending triangle pattern could be in...
AAPL - Apple Daily Chart
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AAPL - Is Apple forming a new base?

On the chart we see the tech giant finding support at the 21-week moving average (blue line). If this support holds we may be seeing the formation of an ascending triangle continuation pattern.
AAPL - Apple Daily Chart
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Apple is trading below the 50-day moving average

Apple is trading below the 50-day moving average, but recovering to close near the range's high. Market pundits seem to get alarmed by such moves. This is not really...
GOOGL - Alphabet Weekly Chart
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GOOGL - GOOGLE going parabolic?

Google hitting 1000 yesterday. First Amazon and now Google. All the fangs are now at or near record highs in this historic maga bull market...
FB - Facebook Daily Chart
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Facebook testing record highs.

Despite some negative divergence on some technical indicators, this MAGA bull market is too strong. In the chart we also see Facebook bouncing off...
GOOGL Alphabet Weekly Chart
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GOOGL - Like all the FANGS. Record Highs!

The lesson here is to buy and hold during a bull market. "Don't lose your positions" as Jessie Livermore would say until he was blue in the face...
AMZN - Amazon Weekly Chart
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Amazon beats Google to 1000!

Our original buy point was at 843 back in February. Amazon beat Google in the race to the 1000 level and is now almost going parabolic.
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