$FB Bottom, HUGE upwards potential.
Hi,
On the weekly we see that
FB is trading in a channel that started in 2019.
It recently bottommed at 245 and therefore I am expecting a huge move to 300+ ranges.
Also we see a double bottom pattern.
DRSI:
Looks bottomed at 50 levels.
OBV:
Divergence (lower price, higher volume)
Fundamentals:
Fair value 300-350.
Entry:
250-262
Target:
320
SL: 240
GL trading.
Mouzy92
On the weekly we see that
FB is trading in a channel that started in 2019. It recently bottommed at 245 and therefore I am expecting a huge move to 300+ ranges.
Also we see a double bottom pattern.
DRSI:
Looks bottomed at 50 levels.
OBV:
Divergence (lower price, higher volume)
Fundamentals:
Fair value 300-350.
Entry:
250-262
Target:
320
SL: 240
GL trading.
Mouzy92
Trade closed: target reached
Taking profits. Congrats to holders.
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