Possible head and shoulders pattern on FB & Amazon - its not confirmed on both. The ideal setup is that both decrease in value below the "neckline" marked in blue/red in each respective chart. Although not guaranteed the price can then increase in value, coming back up to the neckline, where we see a rejection and continuation of the downwards breakout this is...
On dayli chart we can clearly see a Cup and Handle pattern with is bullish. On the next week I can see a downtrend(Handle part of The Pattern) continuation. Then everything depends on sentiment, news, and earning expected to come from TSLA, MSFT, FB, AAPL, TSLA, GOOGL, AMZN. I'm staying bullish though.
$FB Facebook - Not the cleanest looking Head & Shoulders and this would definitely be a risky short, but I could see this closing the gap from July 31st at $235.00 in the near term. Given the current trajectory of the 200d ema line, that would likely provide additional support at that level to prevent any further decline. Bearish Unusual Options Activity...
FB - Looking weak and major news ahead it's looking under selling pressure for now. My approach will be a sell here at current price 278.30 Maintain stop loss around 289 Potential downside target 254 Put the thumbs up if you liked this analysis and do write in the comment section for any doubts. Thanks !!
Looking for a potential bounce here, followed up by consolidation until it eventually moves up higher.
Fb consolidating in this triangle waiting for the breakout and break of resistance 279.09. Break above and hold we can see a move to 290 next week. keep in mind we do have that gap down but bull momentum is strong here Im in $290 C exp 10/23
Hello everyone This is my Facebook idea for Daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
FB trade made a great move! Let us know if you're in ! BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +3.8% OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the...
If there is a retest in the 273.75 - 274.15 range I will enter long with my first take profit being in the 279.00-280.00 range. If it breaks 274.60 I will short FB when a lower high form on the downtrend, my first take profit being from 269.00-270.00.
Facebook is retesting $247 and $228 areas. I am a buyer here and below $$230 with a stop at $197. Profit targets would be the previous high and hold the rest as an investment. Risk: democrats winning in November may stoke a momentary sell off as they are more pro regulation with 'big tech' whatever that means
Facebook got a nice bounce off the golden pocket with some continuation today. It looks like ready to test last weeks range at 268 and above to 272. A break 272 should trigger and all time high test. FB is lagging some of the other big tech stocks that have already test and failed last weeks high range. Timing may good for all these names to break-out those ranges...
the start of an uptrend, a strong breakout of the VWAP combined with a large volume and also the breakage of the green line which represents the resistance this signifies a very important opportunity to buy this stock. this facebook action has experienced a strong acceleration is donation an opportunity to buy, if you liked my analysis make a like and a comment...
Hello everyone This is my facebook idea for Daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
future based on the Q3 2020 Earnings Release ... by now seems to be good long term for now.