Fundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
this is all my observation now at fb. market break h4 trendline and sing a bearish tone. and market need to a retrace also.
$FB Look for H&S Throwback retest and possible breakout and low RSI
Worldwide, there are over 2.74 billion monthly active users (MAUs) as of October 29, 2020. This is a 12 percent increase in Facebook MAUs year-over-year. This is compared to 2.38 billion MAUs for Q1 2019 and 2.38 billion MAUs for December 2019 FACEBOOK MARKET PLACE IS BOOMING NEW LINKEDIN LIKE FEATURES THEY OWN INSTAGRAM YOUTUBE VIDEO LIKE SECTIONS TIKTOK LIKE...
Perfect uptrend since May. Multiple tests over the past few months. 7 to be exact. Here we are now again. The last session left us with a Doji candlestick pattern just under MA50. This Sunday, Republican and Democratic party leaders announced that a deal had been reached for a new stimulus check. There are enough votes for a majority approval this Monday on...
Bullish Over: 281.69 Price Target: 291.55 Stop: 273.08 Contract: 12/24 290c
Break below 200 MA confirms downtrend First Target $271-$253
Getting ready for move up and possibly breaking out through resistance
FB completed a perfect BAT precise D point .886 AXA. Now in take profit mode 1st target 38 fib.. last one for now.. Good luck trading.
Short term bearish hasnt abated. but medium / long term bullish remain bullish as the price within a triangle.
Facebook is inside this wedge for several months already, soon it will break out of it. Before the break, I see FB contesting the $287.50 area again. What are your thoughts?
Today, we will show you a full analysis of FACEBOOK Let's start on the Daily chart: a) We can see an ascending channel that was formed from the early IPO of Facebook b) Currently, the price is above the channel, showing a clear strength of the bullish trend c) Above the channel, we have a pennant pattern (This type of patterns are known as...
AMZN LAGGING BEHIND SPY REMINDS ME OF LAST YEAR. Any positive news for AMZN can be the catalyst to send it higher.
Big Tech still underperforming from Sep (Apple AAPL, Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX) - with the exception of Google GOOG.
AMZN LOOKS LIKE TSLA BACK IN NOV. I WOULD GO LONG OVER 3200, OR YOU CAN WAIT FOR THE 3250 BREAK FOR A BIGGER BREAKOUT. I WOULD GO SHORT UNDER 3075.