FBIt has stopped falling, but there is still no strong bullish sentiment
But beware of taking long positions above 160 or too high, surely we will have a few days of lateral, where it will continue to fall when there is news of Zuckerberg's statements to end up slowly.
In the middle of the ichimoku's cloud and with many resistances such as the averages of 50, 100 and 200 will not be easy to overcome.
Confidence is not immediate, to raise the investor must first forget all doubts about privacy, which will depend if Zuckerberg convinces us.
Trade closed: target reached
I TOLD YOU!Bad days are coming for FB and FANGMAN stocks, 150 - 152 should be the range to take a long position, but not anymore with the VIX increasing and a complete bearish sentiment, maybe look for another options like european markets is not a bad idea.
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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.