POSSIBLE FB LONG SWING

By MarketSeaman
Updated
1.FUNDUMENTAL BULLISH
(earnings mostly)
2.TECHNICALS
50 EMA OVER 100
Support of 185-189 level that was resistance before
waiting for stockastcs oversold
SL 184 TP AT 208 approximately
Make it safer by wating for the possible simultaneous bounce of 50EMA and support zone as well as oversold rating.
Trade active
the price bounced of the support level.its ok to open buy now if you havent yet done so.
Comment
most likely it will fall from 200 to 190-195 area then come back to challenge again the 200zone.if its breaks then TP zone will be near
Comment
Adjusted TP target at 207 still within good R/R
Trade active
Well..im not very impressed it double toped and crashed.still i think uts healthy as it bumped from 50ema on 1D.Lets see if we still ok
Trade closed: target reached
Good trade
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