BTC is making some major inroads to test the descending purple line near $46k in the coming days. Remember today is Sunday and that a lot of WSB traders who aren't active on weekends are going to wake up tomorrow and switch to buying bitcoin and crypto again... the two communities are highly aligned ideologically imo. Also, the volume lately has been extremely...
WATCHING $FB for Entry Target @ 334.64 ———— I will repost when it get’s closer (or if I take a position)if it goes that way and if it makes higher highs I’ll repost with new entry. Pick your support level and let's go...
Alright traders, PINS reports earnings thursday 7/29. I really like the PINS setup because the RSI has more room to run on the daily and weekly charts. SNAP and TWTR both recorded good ER's, FB reports on wednesday. More time was spent on social media apps, due to Corona virus...pretty simple. Options flow - There are over 6000 $85 calls sitting in OI, put/call...
Hey Traders, I am leaning more neutral on FB for earnings as it has already made its expected move before earnings (6%). On Friday, July 23, 2021 there was some notable buying of 33,323 contracts of the $400.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 5.8%, so 392 bullish or 348 bearish. Put call ratio for 7/30 is .67. An august 20...
Scenario1: Scenario 2: Facebook lost its momentum made a Top swing, closing below its upward channel, and find support at 50EMA. I think the most probable scenario will be a sideway until earing in 1 week.
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,...
Facebook has broken out of the triangle and pushing down under support lvls. 333 Should be a great place to find a bounce off FB and make some quick profit.. If Facebook breaks under 330's we'd see a trip back down to 318. Let's hope we can find a bounce on the mrkt and keep the forward momentum in favor of the bulls.. if not we're prepared to play both sides!
(Opinion Only) FB tends to lead the QQQ so I use it for an idea on direction. This was a nice chart refresh for it prior to earnings.
closing below the wedge will prone Facebook to a 5-10% correction. (minimalistic) wait for confirmation!
$FB -Back tracing $FB a couple weeks back we can see that FB is respecting the 9-day (blue line) -Last trading day we closed right above the blue line so the trend is still valid -Look for a big pump Monday now it's looking to continue this trend -Playing the trend
FB looks real nice to $356.22 once $351.39 breaks. nice pennant on the 15min timeframe.
Hello ladies and gentlemen, according to my chart analysis of the Facebook stock, it shows with high probability a buy signal!
To keep it simple, fair value or intrinsic value for a stock can be measured by calculating earnings with a reasonable long term growth rate. Some tech stocks are currently enjoying extraordinary growth rates averaging around 40%. Some are even higher. Tesla has an earnings growth rate for the current year of 99.6% and the PE ratio is 684.15 at the current...