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harisonhbn9718
May 12, 2022 10:35 PM

Facebook: weekly analysis overview Short

Meta Platforms, Inc.NASDAQ

Description

Facebook it's look bearish from this point that we could to short right now, but this will be my perspective following the technical analysis. And very important combine it with fundamental analysis.

As I see, the U.S. Dollar found out a tightening of the hike interest rates and stock market and cryptocurrencies it's suffering right now!!!

For that, I analyze Facebook in my idea to take a perspective to know. For what I see, this movement will be bearish toward $130 USD per share.

That it's my own opinion to trade stock market.

Also, this will be the first time that I trade and work with stocks to trade. I come more from Forex market, and also my 2nd favorite market it's cryptocurrencies. As I know very well Fore and cryptocurrencies. i want to trade stock market, but very enfocous and combining with fundamental analysis always because it's my way to trade stocks as another financial market. But I'm interesting to trade stocks for first time now!!! But also, I want to take course more deep about stock market to learn more. I know very well Forex and cryptocurrencies very well and how they move it.

I hope that this idea support you!!!

Comment

I'm still shorting Facebook in weekly timeframe.
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