Over the past few years, it's been all about the FAANG. Facebook, Amazon, Apple, Netflix and Google are the bellwethers that seemingly ignore any bad news, with any scary dip becoming a monster buy opportunity. Well, they are in the midst of another frightening dip on news that even has long term investors worried. The China trade war and new anti-trust issues have caused all 5 of the FAANGs to pullback hard and violate key support levels, even after posting great earnings in 2019.
The question now is are we still in a buy the FAANG dip environment, and if so, when do we buy.
In today's video, I show you exactly how to potentially trade each of the 5 FAANG stocks. We will analyze:
- Key support levels on the weekly charts.
- Key support levels on the daily charts.
- Remount buy opportunities on the daily charts.
- How to exercise caution and only trade if specific signals are hit.
So watch, learn and put this strategy into practice.
Remember members of the swing service get all of these trade alerts intraday in real time.
This swing trading service is great for those that work and can't monitor the computer all day. We have in-depth nightly reports on the game plan for the day/week and all stock picks that I trade will be alerted and emailed to you.