2 min read

Stocks update

MSFT, AAPL, GOOGL, NFLX, FB, and AMZN

FB
You can now use the 242.50 major Gann square as the swing point for now. Below it, look for the next major Gann square at 215.00. The long term swing point is 195.00, this is 23.6% back to the all-time low, this would also get it below the 200 day average. With a solid close back above 242.50 look for the next major Gann square at 274.50.

FB daily

AAPL
AAPL hit the major Gann square at 400.00, on a break from here look for the next major Gann square at 361.00 and 23.6% back to the 3/23/20 low at 356.00. The long term swing point is the 325.00 major Gann square. With a solid close above 400.00 the target becomes the next major Gann square at 440.00.

AAPL Daily

NFLX
NFLX hit the 575.00 major Gann square and has now hit 23.6% back to the Dec. 2018 low, this is 492.00, this is now the swing point. The long term swing point is the 440.00 major Gann square that is also 38.2% back to the Dec. 2018 low. Provided they can get a close back above the 530.00 major Gann square look for 575.00 again, with a solid close above there look for the next major Gann square at 625.00.

NFLX daily

GOOGL
GOOGL traded just above the 1570.00 major Gann square and then traded down to the next one at 1490.00. The swing point is 1440.00 this is 23.6% back to the 3/23/20 low and the long term swing point is the 1350.00 major Gann square. With a solid close above 1570.00 look for the next major Gann squares at 1645.00 and 1723.00.

GOOGL daily

MSFT
Use the 212.00 major Gann square as the swing point for now, below it look for the 185.00 major Gann square and the long term swing point is 170.00. With a solid close back above 212.00 look for the next major Gann square at 240.00.

MSFT daily

AMZN
Use 2868.00 as the swing point now, this is 23.6% back to the Dec. 2018 low, the long term swing point is 2572.00 and this is 38.2% back to the same low. With a solid close above 3270.00 look for 3555.00.

AMZN daily