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.
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FB trend already broke a couple of weekly resistance with strength. The Fib Analysis and Andrew Pitchfork provide strong analysis for potential for an uptrend breakout to reach 297$. Stop loss at 156$.
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.
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As you know I am learning the technical analysis and will be great if you give me some feedback. What do you think?
So the 50 EMA shows me that we are in the downtrend still on the daily chart, but if you change the timeframe, you can see we have two 4hrs candles that closed above 50EMA.
The RSI shows me RSI price divergence and Bullish swing rejection and I...
I am expecting small retracement on $FB before rallying towards a new all-time high in the first quarter of 2020. If you are thinking about buying or where to buy $FB I am certain this idea will bring you some certainty where to buy it.
If you would like to analyze the smaller time frame of any instrument you are willing to step into, do not...
Monfex is at your service and today we overview Facebook.
Many shares of large, technology companies are reaching new records either near their previous peaks.
Facebook hit the whole world this year with its intentions to conquer the financial sector with the Libra . And met with disapproval and criticism from the regulatory side. Now under...