A prepared trader is a 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
Amazon (AMZN): Daily vs. Weekly
Netflix (NFLX): Daily vs. Weekly
Google (GOOG): Daily vs. Weekly
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.
Timestamps Captured This Week
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REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.