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Jnwsk
Jul 16, 2016 10:41 PM

Facebook Inc FB Head & Shoulders Cypher HH and HL 

Meta Platforms, Inc.NASDAQ

Description

Facebook for weeks now has been creating higher highs and higher lows in the strong uptrend. Being bullish on this stock we would look to get in with the bulls.

Lets look at the daily time frame.

Here we see a beautiful head and shoulders formation. Once it hits the neckline Price would reach around $98.

Adding confluence there is also a bullish cypher formation which may possible form. Buying at the price range $92 - $97 would be a wonderful spot to get in on the trend.
Comments
garold
Rob IMO, critical for both bulls and bears to defend or break 114
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