Daily Trend Report on the FANG+3 Stocks for August 12, 2020

Sid Norris

Daily Trend Report on the FANG+3 stocks for August 12, 2020

Scroll down to view today’s Trend Charts of the FANG+3 stocks (FB, AAPL, AMZN, NFLX, MSFT, GOOGL, & TSLA)

Today’s Summary

The Dow Jones Industrial Average was up today (+289).  Today, all seven “FANG+3” stocks were the opposite of yesterday.  They were all up.  The prevailing trend is still considered to be up on all seven, with GOOGL and NFLX currently looking the weakest within the group.  Those two could experience a trend change to the downside on the next sizable down day, if it occurs this week.  Here are today’s seven trend-following, educational screenshots:

(click on each screenshot to enlarge)

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Today’s Daily Trend Charts

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