christopherbrecher

FB forming a H & S top.

NASDAQ:FB   FACEBOOK INC
826 6 0
I know this will be unpopular, but FB             is forming a H & S top. A break of 26.50 measures all the way down to 21 -22, where major support appears.
test
Reply
It would make sense to retest support of the low 20's, if any.
Reply
also, MACD appears to have started to inflect upward which should be bullish - although it still hasn't crossed zero
Reply
For now ascending neckline does not bode well for a target of 21-22. Support just above 25
Reply
christopherbrecher QuantitativeExhaustion
I see what u are saying. Also, if it starts to go up from here, it will look like an upward cup and handle.
Reply
QuantitativeExhaustion christopherbrecher
Yeah... kind of a dully noted argument between a bigger picture cup & handle or inverted head and shoulder. Both have the same result.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out