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.
I am back on trading after a lot of travel. So I will update you with daily Signals on my profile. I am not going to heavily into the analysis. I am mostly trading technically.
So to provide you Signals without much blabla the posts will in the future look like this:
𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐋𝐨𝐧𝐠 𝐓𝐫𝐚𝐝𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝟏𝟔.𝟎𝟕.𝟐𝟎𝟐𝟎
Long Entry @ 𝟐𝟒𝟎.𝟔𝟎
Take Profit Level...
It can be seen that there are two bearish scenarios in play with a rising wedge that may breakdown
Also an inverse H&S that is yet to complete its right shoulder
However a bull flag has also formed
Bearish move seems logical.
1. Well Respected .618 Fib Retracement Level
2. Strong Support Level at 232.75
3. Cup and Handle Pattern Forming
4. Strong Candle Bounce Off of .618 Fib Level
5. $ES Futures Looking Very Bullish On 1H & 4H timeframe.
💰 LET'S GET INTO SOME FACEBOOK ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(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...
Caught the breakout the first time, let's grab this one too while we're at it...
The Plays (Rating 7/10):
FB $252.5 Call 6/12 @ $70
FB $255 Call 7/2 @ $145
Do not trade this, not financial advice
DotcomJack | Easy Loot | The Dotcom Takeover
🐻 Could be an opportunity for bears to step up as we approach a key upward channel Resistance level.
This is 4th time hit on channel Resistance and followed by a very strong extended rebound.
I'd look for a long term play on the 3day to turn over. Look for a lower low breakout to print on daily.
$240 is key Resistance price level.
The daily seems to be...
As our last Facebook stock analysis said, this stock is in a growth path. Investing in Facebook is still a good choice for the long term.
Each time the stock breaks or touches the support it takes an increasing trend, for both long and short terms
I had a request from a follower earlier today to review facebook stock, let's have a look 😁
We are traveling in a clear controlled parallel channel to the upside from the recovery of the massive selloff.
12hr and up are all firing green and now breaching the past the 232$ 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.