FB is near All time high with, - Rising Wedge - Decreasing volume over couple of weeks - Privacy probes in EU and other regions There is possibility for Down Turn to 312 levels
FB recently broke below an ascending channel. There is not much support till $290 area and below as shown from the Visible Range Indicator.
FACEBOOK INC. has had a good run during the lockdown and is now showing signs of a reversal on the Daily Charts along with the Asian Markets in a selling frenzy regarding the top listed tech companies. The Triangle identified on the daily chart should see price ranging, before pushing lower sending the recent uptrend into a downtrend . #facebookinc...
stocks trading based on supply n dmand
If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together. Hi fellows, just one of my today daytrades: Nice entry point in supply zone. ------------------------Trade setup --------------------------- Entry: 276.90 Stop Loss: 278.92 Profit target: 271.88 Time stop:...
Such triangles are traded on the fact of breakout. Of course, the news is interesting: Libra will still be FT: Facebook plans to release Libra crypt currency in January 2021. Initially, Libra association will launch only the crypt currency to the dollar. Facebook may release Libra crypto currency in January 2021, writes. Financial Times with reference to the...
This is how I see it. There is a big gap to the downside. Price is likely to cover it.
this is my analyse from FaceBook . enjoy and make money,dude. support me.
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. No way...
I came up with this theory with Apple and back tested it with Facebook to see if it would come to an are of significance again like it did with Apple. If you take the average price drop between the last 2 major corrections, 2018/1029 and the beginning of coronavirus pandemic, you get about 90.64. If you subtract that from Facebook's top at about 250.1 you get...
Our view on this Stock for today Entry 248.72 SL 250.66 TP 245 ---- Stay connected with us for further trades Trading Kitchen
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 2 Bearish 1 Bullish Bearish move seems logical.
FB wave (5) rally in progress with more push higher towards $256 to then complete wave (5). We are looking for wave (5) to fail into 256 resistance setting up for a corrective wave lower back into the low 200s.
Facebook making a higher low on the formed uptrend channel
Facebook Inc price has been ranging for a while. Now we can observe that has broken some important historical supports. Different support for different acceleration or slow trend of the market. The market has been bouncing several times in a uptrend currant to slowly find highs and trending horizontally. Last week, we have observed a break down of the support...