As previously mentioned the Nasdaq and FANG was down for the past 3 days They opened up today, but had a pull back that lasted until 10:20am when the tech stocks broke out to the upside. CNBC's Jim Crammer said this morning that it would be led by Facebook and that is what happened as they identified accounts used to manipulate the upcoming midterm elections.
Alphabet (GOOGL) opened up, dropped sharply then moved up to 1237 then dropped below the prior to earnings high of 1221 to 1216 then took off to the upside. It looked like it was going to stall around the morning high then shot past it to 1241. From that point I ended my trade for the day because there was not going to be a predictable direction since everything will pause for Apple's earnings after the market close. Here are the charts for the trade.
Alphabet (GOOGL) opened up, dropped sharply then moved up to 1237 then dropped below the prior to earnings high of 1221 to 1216 then took off to the upside. It looked like it was going to stall around the morning high then shot past it to 1241. From that point I ended my trade for the day because there was not going to be a predictable direction since everything will pause for Apple's earnings after the market close. Here are the charts for the trade.
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