These Nasdaq 100 stocks broke their long-term trend in the past week

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These Nasdaq 100 stocks broke their long-term trend in the past week

cnbc2021-03-08

A handful of Nasdaq 100 stocks have broken their long-term trend as tech names came under pressure. Amazon,Zoom,Dexcom,Adobe and Fastenalall crossed below their 200-day moving average in the past week...

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Sweatheart
·2021-03-09
Blue chip of the lifetime, such a good opportunity to own one of them now
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- CY_Ng:
  yes
  2021-03-10
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- SweatheartReplying toKePohChi:
  Boris schlossberg mentioned in the article tho, but then i believes on it too
  2021-03-10
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- KePohChi:
  personal conviction
  2021-03-10
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LuCS
·2021-03-09
Tell me your opinion about this news...
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2
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Shifeng
·2021-03-09
Look for the good business!
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- RicPuah:
  ?
  2021-03-09
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Lim89
·2021-03-09
April rebound
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1
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- CubTrader:
  Okay. Will wait until April then
  2021-03-09
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AdrianTan
·2021-03-09
Great time to add!
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- TraderJo98:
  Yesss!!
  2021-03-09
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ZCZC
·2021-03-09
Hoot
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Tan Boon Hup
·2021-03-09
Like
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3
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- Acella:
  ?
  2021-03-09
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- Tan Boon Hup:
  please like and comment thanks!
  2021-03-09
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SSVC
·2021-03-09
Nice Appreciate your response and comments Thanks
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- Acella:
  ?
  2021-03-09
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- SSVC:
  [强][握手]
  2021-03-09
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Tan Boon Hup
·2021-03-09
[微笑]
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Fanshuu
·2021-03-09
When there’s discount, check the price tag ?
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CY_Ng
·2021-03-09
Drop further for bigger sale pls
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- CY_Ng:
  ready go go
  2021-03-11
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- Sweatheart:
  get your money ready while waiting for the sales came
  2021-03-10
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- CY_Ng:
  dont play play. dont touch margin ya
  2021-03-10
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黑豹钻石拳
·2021-03-09
?
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Siewweis
·2021-03-09
Like and comment pls
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- Fredwkh:
  Like
  2021-03-09
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- 财务自由FIRE:
  done
  2021-03-09
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Fredwkh
·2021-03-09
Pls like and comment
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- Fredwkh:
  Thanks
  2021-03-09
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- 夜裡精靈:
  Ok
  2021-03-09
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Sheryl85
·2021-03-09
terrible
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- Huat99:
  horrible
  2021-03-09
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JL45
·2021-03-09
Like and comment pls
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- Acella:
  hi!
  2021-03-09
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- JL45:
  Comment
  2021-03-09
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Jojofi
·2021-03-09
Time to pick some good stock
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- Fanshuu:
  Indeed
  2021-03-09
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- Fredwkh:
  Now
  2021-03-09
  Reply
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MillionareManifesting
·2021-03-09
Like this bois!!!
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- MillionareManifesting:
  Replying mYself does it work?
  2021-03-09
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Kenny77
·2021-03-09
Bargain seen . Hmmmm buy
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Yyangyang
·2021-03-09
Read.
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- vincentlaubcReplying tovincentlaubc:
  what about now
  2021-03-09
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- KokReplying tovincentlaubc:
  ok
  2021-03-09
  Reply
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- KokReplying tovincentlaubc:
  but I'm still not getting my coins. hmm... it says someone to respond to my comments
  2021-03-09
  Reply
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That’s because all these companies are essentially subscription-based companies with very, very loyal customer followings and an absolutely market-dominant position,” Schlossberg told CNBC’s “Trading Nation” on Friday.\nSchlossberg elaborated that Amazon is a “blue chip of a lifetime” with a deep moat in retail, while Adobe is a “fortress-like business” with its software portfolio.\nZoom, however, could still have more downside, though Schlossberg said it is still a clear winner given how widely it has been adopted during the coronavirus pandemic.\n“Zoom, I think, has established a major beachhead. That having been said, it’s the biggest stock risk at this point. It easily could come in 100 more points to the downside, and still be relatively highly valued,” he said.\nCraig Johnson, chief market technician at Piper Sandler, is not surprised by recent weakness in these names. He said a lot of the high-momentum, high-growth stocks have been consolidating in a sideways pattern since late summer.\n“Take Amazon as an example here. It moved sideways in this consolidation range, roughly about a 500-point consolidation range, but it has been an underperformer. Now, you could say that the stock is resting or maybe we need to see a deeper correction,” Johnson said during the same interview.\n\nHe said Amazon needs to hold support at the lower end of its range at roughly $3,000. If it fails to do so, its next support comes in at $2,500. It traded at roughly $3,040 on Monday.\nAdobe and Zoom, meanwhile, look to be in a downward-trending price channel, he said. Adobe could fall to $425 and then, if breached, likely down to $385, he said – it was trading at $439 on Monday. Zoom, too, could drop to $235 from its $332.\n\n\n“I think it’s probably going to be challenging over the next couple months until we finally get a deeper washout in these tech stocks and, frankly, I think it’s a bit overdue,” said Johnson.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":329267219,"gmtCreate":1615252283131,"gmtModify":1704780115416,"author":{"id":"3575840373160417","authorId":"3575840373160417","name":"Sweatheart","avatar":"https://community-static.tradeup.com/news/16afb92d50403d17c75bccc5986bd97b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575840373160417","authorIdStr":"3575840373160417"},"htmlText":"Blue chip of the lifetime, such a good opportunity to own one of them now","listText":"Blue chip of the lifetime, such a good opportunity to own one of them now","text":"Blue 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too","text":"Boris schlossberg mentioned in the article tho, but then i believes on it too","html":"Boris schlossberg mentioned in the article tho, but then i believes on it too"},{"id":3756682,"gmtCreate":1615340775105,"gmtModify":1680779783937,"authorId":3576486919019001,"author":{"id":3576486919019001,"idStr":"3576486919019001","authorId":3576486919019001,"name":"KePohChi","avatar":"https://static.tigerbbs.com/3b489516014133ba7e0540fda7a8ec05","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":329267219,"type":1,"supId":3755289,"prevId":0,"content":"personal conviction","text":"personal conviction","html":"personal 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life?"}],"langContent":"EN"},{"id":329233847,"gmtCreate":1615249337089,"gmtModify":1704780063423,"author":{"id":"3575673707879494","authorId":"3575673707879494","name":"LuCS","avatar":"https://static.tigerbbs.com/d2df61ef98e356911cb6f0b530be11d9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575673707879494","authorIdStr":"3575673707879494"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329233847","repostId":1199173220,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":329230756,"gmtCreate":1615249247475,"gmtModify":1704780061134,"author":{"id":"3554690739454545","authorId":"3554690739454545","name":"Shifeng","avatar":"https://static.tigerbbs.com/7eba636a69f64b047187455fad28835a","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0,"idStr":"3554690739454545","authorIdStr":"3554690739454545"},"htmlText":"Look for the good business!&nbsp;","listText":"Look for the good business!&nbsp;","text":"Look for the good 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