Facebook breakdown . Long to $270 once we break over $265Facebook was nice today. support is $264 resistance is $266. a break over $266 and we will go to $271. if we break below $264 then second support will be $262.50
Time for a SNAP-back after earnings today?!Snap shares are up over 50% year-to-date and have tripled from the March low
Any earnings disappointment could see shares return back towards the kind of price gains seen in benchmark and rivals Facebook / Twitter
FBFB IS CURRENTLY UP 15 POINTS AH. IF FB CAN BREAK THROUGH THE 250 LEVEL IT CAN MOVE HIGHER TO 254, 259.
IF FB GAPS UP HIGHER OVER THE 250 LEVEL, I WOULD WAIT FOR A SMALL PULLBACK BEFORE ENTERING A LONG POSITION.
IF FB SELLS OFF AT OPEN, YOU CAN WAIT FOR A POSSIBLE BACKTEST OFF THE 247 LEVEL.
TRADE IDEA: 252.5C 7/31
**SAME DAY EXPIRATION ARE HIGH RISK PLAYS. SO BE AWARE OF THE RISK. YOU CAN PLAY NEXT WEEK EXPIRATION TO AVOID PREMIUM DEPRECATION .
i will update premarket
Amazon, Facebook, and Google Earnings - Who Won?This chart shows the immediate reactions of Amazon, Facebook, and Google earnings. Who won? Facebook is at all-time highs during this writing. It's also trading higher by more than 6%. The initial Amazon reaction is +4% and Google is +1%.
Here's a breakdown of each report. These earnings report snapshots com courtesy of LiveSquawk:
Amazon Q2 20 Earnings:
- Net Sales: $88.9B (exp $81.24B)
- EPS: $10.30 (exp $1.46)
- Sees Q3 Net Sales $87.0B To $93.0B (exp $86.51B)
- Created Over 175,000 New Jobs Since March
Alphabet Q2 20 Earnings:
- Revenue Ex-TAC: $31.60B (exp $30.45B)
- EPS: $10.13 (exp $8.21)
- YouTube Ads Revenue: $3.81B (exp $3.76B)
- Google Properties Revenue: $25.1B (exp $24.55B)
- Quarterly Decrease In Revenues 2% Y/Y
Facebook Q2 20 Earnings:
- Revenue: $18.69B (exp $17.31B)
- EPS: $1.80 (exp $1.39)
- Monthly Active Users: 2.70B (exp 2.63B)
- Daily Active Users: 1.79B (exp 1.74B)
The Facebook reaction says a lot to me and I have long been impressed with their sneaky entry way into online sales with Facebook Marketplace. I think next they will try to create a search engine that rivals Google. Of these three tech companies, it would seem Facebook has the most potential.
That's just my opinion.
What are your thoughts?
Twitter vs Facebook (Market Capitalization)Twitter vs Facebook (Market Capitalization)
20:05:31 ( UTC )
Thu Jul 30, 2020
Facebook Losing Bull Traction? Channel Spotted..The current upward channel has been good signs for you bullish bag holders as we did break higher overall.
We need to keep in mind of were we currently sit on the upward channel though.
3 previous touches on this level of Resistance signaled selloffs to occur.
The green horizontal line is previous breakout for a new high, we yet to retest that price.
No way that I'm looking to long here too risky, I would like to see a pullback.
Best of luck.
FBI WOULD WAIT FOR 241 TO BREAK TO GO LONG. (241 IS A TOUGH LEVEL.)
250 IS THE BIGGER BREAKOUT LEVEL.
EARNINGS HAS A 15 POINT MOVE PRICED IN FOR THIS WEEK.
Facebook, Inc., (FB). Earnings Estimates: Q2, 2020!Facebook, Inc. (FB) will report earnings July 30, 2020.
The chart above consists of Facebook, Inc. (FB) price performance vs. benchmark indices and technical, quantitative, and fundamental snapshots + earnings estimates for Q2, 2020.
Looking for a sell on facebook- Price way overextended to the upside on the daily timeframe (just like Tesla btw)
- Price retesting top trendline multiple times and rejecting it.
- CLEAR divergence from the RSI in relation to price action
- On a shorter timeframe, it is forming a triangle and let's see where it breaks:
Possible short opportunity on FACEBOOKOur view on this Stock for today
Entry 248.72
SL 250.66
TP 245
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FBI WOULD GO LONG OVER 245. IF FB GAPS UP PREMARKET, I WOULD WAIT FOR 250 TO GO LONG.
TRADE IDEA: 250C, 252.5C
$FB possible new 52 high push ideaFB [/symbol looks to be stair stepping back to the $245 area. I would like to keep this one on watching for a breakout play >$245/50 for a push higher. This is CNBC's fav stock.
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Prices are struggling to enter into the ascending pitchfork channel. Despite this, prices are hitting new highs.
FB PT 260 (updated)got some confirmation on the 4h chart. doji candle bullish as well as a diamond. yolo calls gonna pay
