SpinTrades

Trading FB next week

Long
NASDAQ:META   Meta Platforms
I have a bullish bias on FB and believe we re-test ATH very shortly on some market strength and a rotation back into tech.

FB provides some very interesting upside and downside opportunities above the ranges given. Below, there is a true gap to be filled if it falls below. Above, fibs are shown from different timeframes, thicker lines on larger timeframes, which will naturally be points of larger resistance. Some 'wick gaps' may be filled quickly above despite not being true gaps. Definitely one to watch.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.