TechnicalPatterns

Facebook, ABCD pattern analysis

NASDAQ:FB   FACEBOOK INC
If the price breaks the 175.5 resistance level with good volume the pattern would be confirmed, but pay attention to the trendline , if the stock breaks lower, it wouldn't be a good signal. The minimum target is around around 189.

The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Comment: The retracement is not finished, the price isn't ready to break the 175.5 level yet. The trendline has been broken and the price is consolidating. There are not strong bearish signals. The target remains the same when the stock will break the resistance.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out