Please see our link where on 3rd of March we highlighted that you should watch Facebook stock as it was making an interesting setup. Here we are, the setup is very clear and now we are re-testing. BULLISH. Price target: 340$ Stop: 250$
Let's observe if there is a breakout with volume to enter.
After an incredibly lazy February, Facebook (FB) gave a small sign of upside on March 11, which was almost totally eated the following day where the price tested again at the 20 EMA. The future of mobile gaming is getting out of hand to Facebook, which is present with its Ocucus Rift & Quest in VR, but which has not been able to carve out a place among the...
Loves to test the 200dma before moving. Huge triangle wave looks complete and starting a move towards long-term TL in 320-330 area $QQQ $NDX $NQ_F $GOOG $SPY $VIX #Facebook #ElliottWave #Stocks 📈
Facebook appears to be in a consolidation phase. It looks like a bullish pennant is forming and may continue to play out for the next few months. The signals are suggesting that the price is likely to fall somewhat. Lets see if it holds at the support line at around $244. The question is, should one wait before getting into the stock or be of the opinion that...
Simple bullish flag. If it turns out to go upstairs, it will fly strong. The market looks very good
Facebook still remains the biggest social media platform, growing its user base to about 1.9 billion daily users and 2.8 billion monthly active users. Facebook stock was down to $137.21 per share in March 2020, losing approximately 38% in the first three-month of 2020. But boy, what an entry point that low turned out to be. Facebook stock surged to nearly $306...
LEARNING THIS WAS JUST A FUN THING TO KNOW OMGS I CANT WAIT TO BE A MASTER
Something like this, nice rising wedge, gonna be bigly one day
Yesterday's closing of FB created big bearish engulfing candle, which in combination with Bearish Pennant create lovely short price and a chance to wait for this wonderful correction dip. Just be patient :) NASDAQ:FB
If you look at the day chart there isn't a single high volume gap that isn't filled. Facbook has been consolidating for about a week now between 255-266. more often then not the consolidation follows the trend that lead into it. this would cause it to push down in price to the 244 support levels. if it breaks that then it will continue to fall and fill its gap...
Good morning ladies and gentlemen, here is my trade plan for Facebook. If current projection holds, Facebook could see min. $328. If we break below $244.65, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.
Hello. In the last several months as we all saw that the index of the tech reached new highs and breaking record after record it seems that this will probably not stop for the moment. As you all know mostly there are several big tech companies that are very popular to investors , and Facebook is one of it. In the last year Facebook have managed to reach also new...
NASDAQ:FB Emerging Triple Top with descending slope / Lower Highs First top a spike / Second top a rounded double top / Third top a spike Support at 245 . if breaks out and stay under actual price trend line => target price @ 200