FAANG: using FRACTAL to predict wave 5.Volatility ahead in 2022
FAANG FNGU stocks still have upside once this recent wave 4 correction ends. Most FAANG components will still have big earning potentials in 2022. With some like Netflix & Fb already making big enough corrections, others may see a lot of volatility in 2022 with end of QE & multiple raid hikes coming. However, stocks in general rises together with treasury yields TNX. Watch TLT bonds & gold carefully to see if a rotation to safe haven happens.
I copied the fractal of previous wave 5 of a smaller Elliott cycle to see how FAANG stocks may
behave in 2022. I think a lot of volatility is coming & a lot of weak hands will be shaken out before wave 5.
Not trading advice…just my opinion.
I copied the fractal of previous wave 5 of a smaller Elliott cycle to see how FAANG stocks may
behave in 2022. I think a lot of volatility is coming & a lot of weak hands will be shaken out before wave 5.
Not trading advice…just my opinion.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.