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WadeYendall
Apr 19, 2021 4:35 AM

FB on watch Long

Meta Platforms, Inc.NASDAQ

Description

FB has earnings 10 days from now. I like the inside week close after breaking above a multi week consolidation. I would go long on a break of the tan box to fib and dotted line targets. If it falls back below the tan box I'm no longer interested.

Comment

FB has tested the bottom of the tan box but has not broken through so I am still interested. Needs to break the top of the tan box before entry.

Comment

Eventually broke the box but only after earnings with a big gap up. Still on radar. The play now would be for buy on a pull back to 315 or a break out to new highs.
Comments
wardaK
Excellent work as usual.
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