EL_STOCKTROOPER

FB / META making a come back?

Long
NASDAQ:META   Meta Platforms
+ FB bounce back above 200MA (yellow line)

+MACD crossed up (although below zero line)

+ currently sitting at 20MA (red line)

+ hammer alike candle


immediate resistance at $340 (gap resistance)

Next R $350 ( 50&100MA)


SL if $320 violates.



_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _


Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence

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.