Facebook Observations & Ideas:
- Monthly Candle Forming Bullish Pin Bar
- Weekly Candle Has Bull Volume Coming In
- Weekly Candle Formed A Strong Bullish Engulfing
- Daily Candle Formed A Pin Bar Followed Up With 3 Green Soldier Candles & Strong Bull Volume
Bull Ideas:
- Price Can Get Rejected At This Major Resistance Of 217-220 & Retrace back To 207-212 Support & Bounce
- Price Can Break Through 217-220 Resistance & Head For A Leg Up To 235-240 Resistance ( Above 248 We See A Gap Fill)
Bear Idea:
-Price Pulls Back Down To Test 200 Support, If This Level Is Broken, We Could See A Test Of YTD Lows
Any Alternative Ideas?
- Monthly Candle Forming Bullish Pin Bar
- Weekly Candle Has Bull Volume Coming In
- Weekly Candle Formed A Strong Bullish Engulfing
- Daily Candle Formed A Pin Bar Followed Up With 3 Green Soldier Candles & Strong Bull Volume
Bull Ideas:
- Price Can Get Rejected At This Major Resistance Of 217-220 & Retrace back To 207-212 Support & Bounce
- Price Can Break Through 217-220 Resistance & Head For A Leg Up To 235-240 Resistance ( Above 248 We See A Gap Fill)
Bear Idea:
-Price Pulls Back Down To Test 200 Support, If This Level Is Broken, We Could See A Test Of YTD Lows
Any Alternative Ideas?