The yellow line is the main line for Facebook since 2013, The dotted resistances and supports traced the important B point of the pattern. The latter candles (3 weeks) tested the 0.618 Fib level. There is still some potential that the market would reach the D point, then a correction or profit taking will lead the prices to the blue dotted line as a target (which...
FB is consolidating rn, If you get any sign that its going for my long target: $278.55 then get calls, if it goes down from consolidation its going for $252.24 at the 200 ema, if it breaks from there $235 area to fill gap is next. DM me if you'd like to join a free trading group or have questions, we are just starting up and need some traders to help liven it up.
Depending on a lot of sign FB going to be With a huge endurance decreased and it's the perfect time to sell
I had a request from a follower earlier today to review facebook stock, let's have a look 😁 We are traveling in a clear controlled parallel channel to the upside from the recovery of the massive selloff. 12hr and up are all firing green and now breaching the past the 232$ old Resistance and trying to turn it into new support. (Horizontal support) We are also...
Look the chart to know my analyze and my probability trend direction
after all i notice on the chart high probability to the trend goes down to test the support line
On May 14th we notice an upward trend of the curve with touching and testing the support line with a breach through it Probability 1: keeping up with the trend Probability 2: trend return to test the strong support line and keep up with the bullish trend Probability 3: Trend returns to test the strong support line with a breakout Probability 3.1: trend going down...
There is now a sell signal After a big Vwap break
Please support my analysis by a like and tell me what you think. FB trend already broke a couple of weekly resistance with strength. The Fib Analysis and Andrew Pitchfork provide strong analysis for potential for an uptrend breakout to reach 297$. Stop loss at 156$.
Hey Guys, Check my Intraday zones and key levels on Facebook. FB is going into Daily Strong resist. I am going to trade short and long positions.