It’s Friday. TGIF to all!
To close out the week, I’m taking a look at the Magnificent 7. Admittedly, some are looking a little less “magnificent” these days, but the name will likely stick—much like FANG before it.
In the video, I look at each stock using the same technical tools and the same hourly chart timeframe. From there, I answer one question: Are the technicals more bullish or more bearish?
Where is support? Where is resistance? Are buyers in control, or do sellers have the upper hand? What would change the bias?
There’s a game-show feel, but each answer comes with a technical reason. The price action and the tools tell the story.
It’s a little education and a little fun as we head into the weekend.
So let’s play “More Bullish or More Bearish!”
This article was written by Greg Michalowski at investinglive.com.