I think we might see a spike under the last low in FB. Frontrunning that with a trade targeting close to a retest of the low.
I have to post this fast due to market drop right now. BTC is crashing also. FB still has to touch weekly support - will show chart laster. 30min price back below 200sma and it failed at 204-205 resistance. going back to 185, there is still gap to fill lower also.
Things are looking very similar to how they did in October 2018. > In 2018 FAAMG fell by 25%. > If we correct 25% like we did in 2018, it would take us to the lower support of this ascending channel. > A 25% correction would also take us perfectly to the 100-week MA. > Bearish divergences are shaping up in similar ways as well. It's interesting to note the...
The current FAANG symbol does not have a very long history. Depending on the symbol, you get a chart that either starts from mid-2019 or 2016. We get couple more years of data in this chart, back to early 2014. I weighted each stock equally according to its 60 month average, and adjusted for M2 expansion, which gives us a very consistent support line. There's also...
Hello,Traders! FACEBOOK shares collapsed recently And the stock was down by 56% recently However, the downward spiral might be over soon Firstly, because FB at -56% off is a great deal And secondly because the price is about to retest A massive long-term rising trend-line From where I am expecting a bullish correction With the upside target being the...
On this stock, we will have a big probability of a downtrend if we have: - Breakout with force the support line by a big candle with a large volume; - Pullback on the support line and on the vwap indicator after a breakout. thanks.
FB 4hr chart before Q1 earnings next week 4/27 at 4:05pm. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading...
It's very likely that in upcoming session meta will have a downtrend.
With poor earnings report in the first quarter of 2022 and downbeat forecast for the second quarter, rising competition from TikTok - can we expect even further fall for Meta Platforms ? Fundamental indicators: Revenue and Profits - consistently strong growth up until now but 2022 may be the first year when the rate slows down which is putting investors...
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$FB has been getting killed since september 2021 &has fallen 45% since high. Strong balance sheet stock that will lead for the metaverse!
FAANG stocks have reverted more than 15% recently - attempting to find support. My predictive modeling systems are suggesting the markets are still holding a long-term bullish price trend (for now). Even though the short-term price trend is bearish, pay attention to how this "revaluation" process is playout out and how the strength of the US Dollar results in a...
FB hit a low of 169.589 on 27 Apr on high volume and then gapped up strongly the next day on even higher volume (due to positive earnings). There is a chance that it could have capitulated after having dropped about 56% from it's peak in Sept 2021. It could stall around near term resistence (239 to 248) on the way up and I will not be too surprised if it starts...
To be honest I don't really care about Facebook meta. Mark Zuckerberg is a dick and I don't really care for him either But over the years the stock performed well. I'm not speaking on Twitter until the ownership rights have been in the correct hands. I have my theories but I don't wish to share them at the moment.
Lately, we have been seeing some dramatic sell offs from earnings. NFLX earnings tanked the stock and they weren't all that bad. TSLA's most recent earnings caused just over a 100 point sell off and they were positive. TSLA and SNAP's earnings are coming up today/tomorrow and we see some sustained selling. So this made me wonder, how do earnings really affect a...
im learning options and TA so im open to any advice or corrections
I am selling shares on Facebook for several reasons. We have a good level of repulsion. We have a breakthrough to the previous bottom We can collect from $ 20 to $ 40 per share
This week we look at stocks, cryptocurrencies, commodities, and stocks making moves. The stock market looks to be inside a bear trend coming off the late March rally. I am looking for a spike up on VIX to mark the next stock market swing bottom. Cryptocurrencies have almost all given up their recent March rallies with Ethereum holding its ground for now. Oil...