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GOOG & QQQ 60-Minute Charts

GOOG/GOOGL (Alphabet Inc) was the first of the market leading FAAMG stocks to report earnings after the bell yesterday & so far, the market's reaction has been unfavorable. Here are the 60-minute charts of GOOG along with QQQ. GOOG has gapped below both the most recent rising wedge/contracting price channel following a divergent high as [...]

Jul 25, 2017 10:01am|Categories: Equity Market Analysis|Tags: , |0 Comments

FAAMG Stock Analysis & Update

As an update to last Thursday's QQQ & Leading FAAMG Stocks Analysis post, below are the previous & updated 60-minute charts (120-min on AAPL) in descending order of market cap, along with the near-term outlook for each of these market leading stocks.  The scenarios outlined below hinge largely on the preferred scenario outlined in the [...]

Jun 12, 2017 12:38pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |0 Comments