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.
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(Overall Market Sentiment) 🤷♂️ Neutral
- 3day Chart
- Green Engulfing Candle
- 3/3 EMA DOTS Green
Facebook is sitting on a key level of Resistance but has not shifted on any indicators yet for the 3 day. Let it play out the rest of the...
As our last Facebook stock analysis said, this stock is in a growth path. Investing in Facebook is still a good choice for the long term.
Each time the stock breaks or touches the support it takes an increasing trend, for both long and short terms
I had a request from a follower earlier today to review facebook stock, let's have a look 😁
We are traveling in a clear controlled parallel channel to the upside from the recovery of the massive selloff.
12hr and up are all firing green and now breaching the past the 232$ old Resistance and trying to turn it into new support. (Horizontal support)
We are also...
As the last analysis of Facebook stock, it will continue its growth. The pitchforks graph shows that After each spring (They are mentioned in the graph), the stock increase.
Currently, we have a new spring, so we predict an increasing trend for the next days.
for short terms and also long terms, Facebook is still to buy.
Hello everybody, What about the Facebook stock price? IT APPEARS WE SHOULD INVEST ON IT MORE .
It seems that it’s taking an increasing trend for medium-term times. In fact, the support is pushing it up, even if in the same points time (Circled point), it tries to change its trend but gets increased more.
In the future, for medium-term times (A week or 2 weeks...
As you can see from our chart the Facebook has been testing and respecting our trend line and using it as resistance for months, just recently it has broken this trend line and has come back down and is now using it as support.
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Take a look at our charts, we called the Facebook long, as soon as we called it we had 2 days of bullish movement.
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We could se a retest of the key support line ( 169.63 ) on the daily timeframe, price has tested and bounced on a few occasions ( marked by the arrows on the chart ) if we take into account the fundamentals along with the technical analysis both point to the bulls taking over and pushing price higher.
• Daily active users (DAUs) – DAUs were 1.47 billion on...
If you a take a step back and look at the bigger picture, the uptrend is still intact. Fundamentally, the earnings weren't disastrous. I felt that physiologically, too many people piled into FB in the past few months with a very optimistic view and once they heard a droplet of bad news, they over-reacted and the stock plummeted. However, hindsight is 20/20 but...
Looking at the Facebook share price chart (see the figure above), there are literally no signs of an approaching disaster: the price at record highs and the annual growth rate approached 25%. But trouble is already knocking on the door. Yesterday after the market close, the company unveiled quarterly results. And we can’t say that they were very much a failure....