A nice gap fill previously and has formed a new support zone at $350 support zone. Price Action been showing a strong uptrend with forming a higher high. If FB could break $362 with volume, there is a great upside with fibonacci to $371. Could see some continuation, but $362 is crucial resistance point to break. Must also hold $360 to keep the trend. Worth monitoring Price Action for this outbreak. RSI moving upwards as well.
Chart post on 5th of August,2021 Thursday
Chart post on 5th of August,2021 Thursday
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.