Well, as we can see, the price has already reacted positively to its static support, it remains to be seen whether it can break this support or not ... In case of failure, the next downtrend support is in the range of $ 330 . NASDAQ:FB ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 28.Sep.2021 ⚠️(DYOR)
Entry price: 337-342$ Target price: 377-384$ Candle pattern: Bullish Harami Keltner Channels: the price beyond the lower band RSI: indicator approached the 30 level, therefore the market is close to be oversold Conclusions: RSI, candle pattern and Keltner Channels suggest the trend reversal. Thus, the long position is recommended in the support zone. No financial advice
Although the Facebook stock is up nearly 33% for the year, some analysts are concerned about the company's prospects. The stock's rise declined after the company released its second-quarter results in late July, as investors were concerned about a slight decline in daily active users in the U.S. and Canada, as well as earnings projections. Nevertheless, the...
Facebook beat Wall Street analysts' expectations in its second-quarter earnings report. Revenue rose 56% year-over-year to $29.1 billion, beating analysts' forecasts, and earnings per share doubled from the quarter that suffered a lockdown a year ago to $3.61, beating the consensus forecast of $3.02. Despite that strong performance, Facebook's stock price fell...
The more the world absorbs: the Internet, the virtual universe, and the like, the higher the stock price of the companies that control social networks. Today, we will analyze the share price of the Facebook corporation. It ranks as one of the Big Five tech companies along with Microsoft, Amazon, Apple, and Google. Although the company has been since 2004,...
Measured move from March lows is $412, tech should be great this summer.
Further to my previous idea , Facebook timing was a great for a Buy, as expected/prognosed. Now the price can do a a lot better and go higher, after it rose over 8% after my post. Take a look at the projection here, on the bigger chart
The analysis is as follows It appears that we are in wave 5 of a greater trend move. This is confirmed by the fact that we have just broken out of a triangle, and according to Elliott wave principles, the triangle always and only precedes the last move of the greater trend. In addition to being the wave 5 of the greater trend, within the wave 5 we are in wave...
Here is my Facebook Inc. Wave count. FB Inc. is heading to finish off its wave (5) - intermediate count. Below are my price targets; 1st target = $343 /share 2nd target = $420 /share 3rd target = $545 /share Disclaimer: This is only a trading idea and must not be taken as a trading signal. Please support this idea by leaving a like or comment below 😊.
After a double touch of the Fibo level 50-61.8, the price achieved to break the last resistance following the uptrend, giving us a perfect area to protect ourselves and place our stop loss. Ratio risk reward -> 1:3 Let's see how it's developes.
Facebook appears to be in a consolidation phase. It looks like a bullish pennant is forming and may continue to play out for the next few months. The signals are suggesting that the price is likely to fall somewhat. Lets see if it holds at the support line at around $244. The question is, should one wait before getting into the stock or be of the opinion that...
Facebook still remains the biggest social media platform, growing its user base to about 1.9 billion daily users and 2.8 billion monthly active users. Facebook stock was down to $137.21 per share in March 2020, losing approximately 38% in the first three-month of 2020. But boy, what an entry point that low turned out to be. Facebook stock surged to nearly $306...
BEST WAY TO ENTER THIS MARKET IS TO WAIT FOR TREND GOT BROKEN THEN ENTER ON A LONG POSITION !
Good morning ladies and gentlemen, here is my trade plan for Facebook. If current projection holds, Facebook could see min. $328. If we break below $244.65, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.
Facebook has been consolidating for the past few months, showing lower highs since September 2020. It is a troubled company last year facing lots of scrutinises from the gov. However, if we look at the bigger picture, it has bounced a few times on the 200MA (disregard the March 2020 whole market correction). We might be looking at a great long run if the price...
facebook target 310 than 340 stop 254 good luck
Target - green box Invalidation level - red line