Keep your trading simple Bullish Long Term - Earnings Play T1 = minimum risk reward 1:1 I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains. Not a financial advise - trade smart trade safe. Follow me to support my work, Thanks!
4H Chart Explanation: - Price is on the Resistance Zone, above the Micro Ascending Trendline. - The up trend could be finished in which case it should bounce down from here. - If price breaks the Ascending Trendline, it has potential to move down towards the Weekly Ascending Trendline. Weekly Vision: Daily Vision: Updates coming soon!
FACEBOOK BREAKOUT SELL Entry: 200.00 | Stoploss: 203.00 | Takeprofit1: 194.50 | Takeprofit2: 186.50
High probability of a drop in the facebook I do not recommend facebook for purchase
Finished the day with a very indecisive candle, from here, our daily support is 205.7, watching 202.6 for a break lower and 207.95 for a break higher. Earnings pushed this past its bullish channel and filled the previous gap, so if we break lower, this could re-enter this bullish channel and continue to bounce with the rest of the market, above and we could test...
$9500 held and rejected as the down trend was met. Looking at a solid retrace now as low as $8K Plenty of energy remains to drive price back down so hold on for the ride.
FB following AMZN and GOOG. Bottom could found be in the indices. SPX won't go down without the huge caps.
FB will announce its corporate results after the bell today. It's a good idea to sell 2 put options with $ 177.5 Strike Price and expiration date on 8th of May 2020. So we have a -8% distance loss and if the price is above $177.5 at expiration we will receive Premium around $320. But if it falls below, we will be able to buy the 200 shares at a lower price as...
This would be a great short Opportunity, IF the price breaks down the hourly support !!
-As it shown on the chart,the market is always in the channel,and it couldn't brake the resistance. -The price is doing a powerful bearish pull back with a high probability to reach our first target (middle support line). -When we reach our first target and we break the middle support,then the new target will be the next support line. Good luck ;)
Technical Analyisi. Bullish Market at the moment. The channel line shows a potential selling signal. Fundamental Analysis: Facebook Steps Up Video Service. Overall FB should feel the impact of the crises due to the virus, so short term I would sell. I would Wait until Wednesday when the First Quarter earning report is due.
keep looks very bullish LET ME KNOW OTHERWISE
FB : Strong Sell Analysis Method: Fibonacci & Wave Theory Thesis: Fundamental changes in Business Model (Data ownership) Target: $128 - $70 Time-frame: 5-6 Months Wave Count: Cycle Wave 2 Cycle Wave Sequence: 2,814 Days Will update. FMW
Ticker: $ZM ZOOM Notes: Zoom - possibly going to come back below a descending resistance that it broke above on Thursday. Fundamentally, Facebooks announcement of their competitive offering to $ZM is going to help this SHORT! xeenos trading - sending positive energy to all those watching