$FB is currently in a post earnings dip (a good thing). This is what is needed in order to reset the stock to afford us another buying opportunity. As you can see, the stock has made a habit of dipping around 10% for around 70 days before the breakout occurs. If this holds true, the best buying opportunity comes in around day 50-55. This would set the stock in the...
Since my latest analysis, $TWTR rallied and reached the 30$ target zone (see linked idea).
Now, $TWTR is forming potential bull flag, just below the 32-33$ structure zone.
It looks like $TWTR is about to break out of both the structure zone and the trading channel (black dashed lines) towards the next target zone - 36-37$
The Fast and 50 SMA lines act as...
My first public chart here on TadingView!
This is a simple analysis using support and resistance levels and a trending line. The EMA is added to give some more data.
As we can see, de pair is currently on the bottom side off a triangle and getting squeezed between the EMA and the support zone. The levels (support, resistance and diagonal line) on the graph...
$NKE breaks box on gap up following strong earning a few weeks ago. Uptrend in tact. MACD Crossover Social trend growing strong everyday. Too late to jump in now. Last opportunity was the mid February pullback.
With a double hit to the Oct 16/17 gap, it looks like Facebook is ready to move higher. Finally. With the market reaching an all time high however, you should be careful of the bullish signs reversing.
PRICE - After closing the gap on Oct 30, the market demonstrated support by sending it higher, bouncing off that previous gap again on Nov 20. From here the path...
7/29 gap at 38.92 is closed, so watch for a potential reversal. MACD looks like it's ready to reverse, but due to the volatility in this stock there's a number of things you should watch for.
Rejection at 41.80, would take it back down to ~38.90, so I would watch for a careful break through this level on decent volume.
44.16 Seems like the likely target for...
Credit to Greg Harmon for putting this on my radar. Diving into the price action, Facebook's 2 month sideways grind may be coming to an end as price hugs channel resistance in a bullish cup and handle formation. Respecting fractal behavior, the pullback/consolidation touched down exactly on the 61.8% fib measured from last November's swing low to the March highs....
