Facebook potential trade on facebook we have identified a daily uptrend with 4h exhaustions, here you can see that we are coming back for our second touch of this 4h consolidation, when we do make contact with this zone we will then look foe price action on the 4h timeframe for us to place a trade to the upside. our targets will depend on the price action that is formed but this is a very good setup on facebook and we will be watching closely.
What a run FB has had in the last month of days!Currently, price is too far off the moving average to add to any longs here, but I certainly wouldn't be shorting it either!
If you got all of this last run, congrats! I got out too early.
IMHO, Facebook is or going to be winning a lot in court and in public opinion; regulations are something coming for them, but they ARE getting ahead of it.
:-)
FB: Potential Upside to 360?FB is channeling up nicely and showing potential upside to 360 where the upper band of the channel is sitting as of today, which would imply a new ATH, of course. We have downside to around 300 where we should see notable support. If we lose 300, we still have channel support currently sitting around 285. This is a pretty persistent trend, so I don't expect much deviation outside of a shift in sentiment, which of course could be brought on by a number of factors, not the least of which is logic...
Facebook, with such a market sentiment....My advisor Marketmiracle yesterday generated an entry signal on the Facebook stock at the price of 327.84 with target 341.67 and a potential profit of 4.22
Analyzing the chart I jumped to the eye a strong market Sentiment to rise, in fact the stock does not yet demonstrate a great purchasing power by large investors ( strength that is however increasing ) but there is a strong push from small medium-sized investors and a strong market sentiment.
According to some of my sources of reference the price of the Stock is under of its just value and a strong increase of the invoicing is previewed in the next months.
It would seem that Facebook can become a good travel companion throughout 2021, for the moment the premises are there and I will keep it in consideration for future trade, for the moment I am content with the small leap forward reported ...
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
Facebook to be kept in portfolioFacebook is confirming its ascending trend
all the indicators are suggesting that the the trend is still soing strong
Trading ideas :
Trade the support/resistance levels
keep facebook in your portfolio and watch out for any break of the support level
If that happens Facebook could hit the 296 dollars price
1st Series of STOCKS Buying Areas!Hi followers and other TradingView users,
My 600th post in TradingView and I need your help (activity) to start a new series. I would like to do something similar with stocks as I do with altcoins.
"Don't put your eggs in one basket." - the old saying but pretty important to achieve financial freedom. Considering that, let's find together some investment opportunities which can start to work for you as fast as possible - properly made technical analysis allows it to do!
I would like to know FIVE of your favorite stocks, criteria to get into the list:
* Name FIVE (max. nr.) of your favorite stocks, full name, and ticker. For example, Apple (AAPL), Tesla (TSLA)...or just ticker, the ticker is a must-have!
* Click the LIKE button of this post.
* Click the follow the get the update as fast as possible.
TOP10 most mentioned stocks get analyzed. I will point out some possible breakout opportunities to buy the strength and corrections to watch. Pointing out some lower levels where your alerts should be set!
I know that the bigger part of my followers has more interest in cryptocurrency but still, try to name your stocks to get into the list, and let's find buying areas for them.
If you look at my related ideas (below of this post), then over the years I have posted quite a lot of stock charts and the success rate of these ideas has been amazingly high!
So, quite an easy task to you, name five of your favorite stocks and you get the investment areas for free, areas that put your money to work for you as fast as possible!
Stay healthy,
Vaido
NASDAQ- Off to 14350Updated Nasdaq chart.
Markets are volatile but still mostly sideways. My updated NASDAQ chart shows an ascending channel and a take profit level at 14350 where resistance will need to be tested to see if the price can go even higher or if it will bounce back down.
the FXPROFESSOR
PS. i KEEP BUYING FACEBOOK AS WELL AS AMAZON, GOOGLE, APPLE THIS WEEK
FB Ready to Soar Past the Psychological Resistance on Robust EPSFacebook's earnings rose by 48 per cent from a year earlier, causing the company's share price to explode by more than 7 per cent in the pre-open hours.
It has recently broken out above the upper boundary of the Ascending Wedge, which signifies the strong bullish sentiment in the market.
The uptrend was resumed after a minor throwback to the Wedge from above, and the price has broken out above the psychologically significant resistance level at 300.00 since then.
Notice that it is currently consolidating above this major make-it-or-break-it point, which is converging with the 20-day MA (in red). Given the record-breaking earnings data from yesterday, Facebook's rally is more than likely to be extended further into uncharted territory next.