Nowpossible scenario. The price broke through the resistance. Now I expect a pullback or further growth
FB Meta Platforms sold by ARK InvestIs it overvalued?
Is a crash about to happen?
ARKF sold 43,188 shares of FB yesterday, equivalent of 14.55Mil usd.
And it`s not the first time!
FB has a strong support in the $285 area!
Looking forward to read your opinion about it.
🔥 ROSE Facing Massive Resistance: Dump Or Break Out?A little while ago I made an an analysis on ROSE's bull-flag break out, which was a great success.
In the meantime, ROSE announced that they're going to use META's platform, which launched the price up and the token doubled in price in a couple of days.
As of now, ROSE is facing very strong resistance around the trend line which connects the two last tops. Chances are that ROSE will reverse from here and move back towards the lower support of the rising wedge. However, a bullish break out is likely, assuming that BTC sentiment will get better. The first option is more likely imo.
Happy trading!
Meta, 22 Nov. Will the Head & Shoulders Work Out?FB printed a large inverted H&S pattern and consolidates at the neckline. However, price is currently in the 50-61% reversal zone so that we need to observe positions carefully.
Elliott:
We can count a wave (i) and wave (ii) in blue, which retraced precisely 50%. Now we count the unfolding wave (iii) on a smaller degree (green waves).
Geometry:
Price reacts nicely to the current pitchfork. A breakout above the upper boundary (blue dashed line) confirms that we are indeed in a wave (iii), because it would also catapult price above the .618 retracement fib. This is important.
Gann:
Support: 340, 312
Resistance: 370
How I trade it:
The idea is to trade the inverted H&S pattern with an entry above the Gann level (341). The target of the pattern is 383. The 355 level (.618 retracement of the previous wave down) is critical because price could drop from here. In that case we are able to close at breakeven and invert the trade.
$FB | WEEKLY WATCHLIST 11/22This setup looks primed to continue running up! Beautiful inverse head & shoulders pattern as well as a bull flag breakout on Friday. Looking for a pullback into the $339.6-344.17 range to buy the dip on Monday/Tuesday. Targeting $370 to the upside.
Buying FB shares though I don't have FB accountI don't have FB account but technically the charts for this stock looks interesting.
I will buy 50% of its single share (fractional share) as soon as 5EMA cross the filter line. Refer to the linked related ideas on the trading system.
FBLooks like a potential winner to me in tech for the next couple days/weeks while a name like AAPL just got near its s/t top iMO.
355 367 384 400 R lvls to the upside
337 330 support on downside.
Facebook over 400$ Facebook hits the strong support line and goes up again, i think facebook will blow up over 400$ in the next 2-4 months. all the EMAs are supporting
what do you think?
Oasis Protocol - a ROSE in the desertNFA not financial advice $ROSE
- Bullish pennant on ROSE weekly
- oversold = bullish
- volume increasing
- macd is bullish
for Fundamentals:
- There is a META AI partnership (facebook+ROSE) news is bullish
- $160Million building grant for projects
- fast scalable Privacy layer-1 TEE
- low fees
wgmi
FB (META) - Will FB continue higher?4H H&S formation was confirmed by the break of the neckline.
Retest gap retesting and testing key support, look left.
Yesterday's close was an indecision high wave candle.
Entry: only if we get price action above the top of high wave candle with volume
Stop: $323.5 which is below the previous low
TP: $363.4 which equals to, 2 equal legs up->
A Reverse Head and shoulder patteren has formed.Looks like a bullish sign for META in the foreseeing future.
Meta gonna blow up!!! (fb - facebook) Meta is in a cup and handle formation the chart gets supported from the ema/sma and will get support from the fibonacci retracement ( 0,5 - 0,618 / golden zone ) and in the rsi ist room for blow up
Maybe the bulls still have strength?A triangle appeared on the chart. Given the previous trend, where will the price go? Maybe the bulls still have strength?
Is this home?The third top has formed on the chart. The support line is the next target. Is this home?
rise above the maximum again?Tesla has dropped significantly over the past few weeks. Is it possible to rise above the maximum again? Or will we fall even lower?
Can the bulls still win?The price fluctuates near the downtrend resistance line. This is a good opportunity to enter a trade with a small stop. I expect a fall to support. What do you think? Can the bulls still win?
Will there be further growth?AMD has been in an upward trend for a long time. The price corrected to 140, as we expected. Will there be further growth?
up to ...BABA finished the second wave (correctional) and is now forming the third (impulse). I expect further take-off up to $ 120
long shadow upThere is a good signal - a long shadow up, which confirms our short attitude. What do you think?
Or is it too early for a short?it looks like the price has approached the resistance zone and the third wave will start forming soon. Or is it too early for a short?
