FANG Stocks In Freefall - Break Critical Support Levels

Tyler Durden
By Tyler Durden of Zero Hedge
Writer at ZeroHedge •

All the FANG-style stocks are notably lower at the open with AMZN ​crashing over 6% (worst two day drop since Feb 2016) and broken below its 50DMA.

All the FANG-style stocks are notably lower at the open with AMZN crashing over 6% (worst two day drop since Feb 2016) and broken below its 50DMA...

 

This means Jeff Bezos has lost over $10 billion in net worth in the last two days.

 

FANGMAN (plus TSLA) stocks are all plunging... (MSFT is the best performer for now)...

 

This has smashed the FANG stocks below a two-year trendline...

 

And broken below the 100-day moving average...

 

STOCKS IN THIS ARTICLE

AMZNMSFTTSLANFLXMETAGOOGL
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