Meta PlatformsLong
FB - Downtrending Channel Break for Upside Profit Potential
January 5, 2019 - FB Trade Setup
FB - currently in a downtrending channel on the
daily chart. Consider an entry with a break over
the upper trendline at 138 with confirmation over
the 50ma at 140.50. Candlestick resistance at first
target price of 145 and second target near 100ma
at 153.
FB - currently in a downtrending channel on the
daily chart. Consider an entry with a break over
the upper trendline at 138 with confirmation over
the 50ma at 140.50. Candlestick resistance at first
target price of 145 and second target near 100ma
at 153.
Disclaimer
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.