FaceBook Is Looking For A Lower Support LevelHello traders and investors!
Today we will talk about single stock FaceBook in which we see quite clear Elliott Wave pattern.
If you are familiar with Elliott Waves, then you know that after every five waves, a three-wave a-b-c pullback follows.
Well, as you can see FB made nice and clean five waves up from March lows and currently seems like it's trading in an a-b-c correction where wave "c" is still missing, so be aware of that wave "c" drop that can send the price back to ideal previous wave "iv" swing lows, golden 61,8% Fibonacci retracement and 205 support level and later then we can expect another bull-run, but only if we get strong and impulsive bounce down there.
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Facebook - Best Place to Buy
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Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
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selling all my stock in FB - Backlash from censorship will come No-one can show clearly that he is stronger and more powerful than the king ! FB and TwTR have just reminded world leaders of the great danger of leaving them unchecked and so powerful with their monopolies.
It is a matter of time but it will come really hard on them all , if not in the US as their supported Biden but around the world it is coming !
Their arrogance will be paid
Detailed FACEBOOK Video Top-Down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for FACEBOOK, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Facebook Buying opportunity zone🙋♂️ Hello Stocks Community!
Check out my long term analysis on Facebook. In the chart you can see my Buying S/R zones where I am going with long position. Also you can see there Retails Stoploss zones and liquidity zone.
Now is potential go down, but I am not shorting that. I am waiting to my Buy zone or for a new scenario. Will keep you updated!
More information about my trading style:
I am not a pattern trader. My strategy and edge are based on volume zones where I see Big players were trading. When the market comes there, I want to enter a trade. Every day I identify key levels and key zones, then I just wait for the price to come.
Hope it helps,
See you next time!
Is Facebook losing friends?Facebook has been a holding in the portfolio since late November but has been a slow moving loser. The low end of the weekly range (rectangle low 264) was tested today but price responded well. I have been looking for all-time highs but its recent performance has given me doubts. For now we just sit and wait. The company is definitely not getting the love it once did but that can change at anytime. Todays low will be the line in the sand. Below todays low we will cut the position and re-evaluate
Positional Trade on FacebookFacebook looks good if it sustains 282. T1 290 T2 300 Mentioned the levels in the chart.
Facebook out of steam: Daytrade: Short FB target: $271.88If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Hi fellows, just one of my today daytrades:
Nice entry point in supply zone.
------------------------Trade setup ---------------------------
Entry: 276.90
Stop Loss: 278.92
Profit target: 271.88
Time stop: Exit at market close
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Here is 4H chart for bigger picture:
FB OPTIONS | Another Christmas Present!FB $290 1/15/21 @ $250 AVG
DON'T TRADE, not advice nor a suggestion :)
DCJ
FACEBOOK DAILY CHART FB - Short post one more highFACEBOOK DAILY CHART FB , Strict SL if breaks trendline , Happy Trading..!!!
GAP CLOSE - ALIBABA stockFundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
possible move for fbthis is all my observation now at fb. market break h4 trendline and sing a bearish tone. and market need to a retrace also.
Will Facebook Break the Wedge Pattern?I started to see the wedge pattern on Facebook recently. And it is one of the biggest in recent time.
As I believe the bigger the pattern, the larger it will move up or down (depending on the direction of the trend).
Although in the bigger picture (weekly chart), Facebook is on bullish trend. We should not discount the potential downward movement. The next couple trading days will be crucial to determine Facebook short term trend.
There has been some bad news that putting Facebook shares under pressure. So a breakout of the bottom trend line of the wedge will put Facebook on sideway movement.
However, I am expecting a rebound to continue forming the wedge pattern.
FACEBOOK video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for FACEBOOK, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
FB 300+Worldwide, there are over 2.74 billion monthly active users (MAUs) as of October 29, 2020. This is a 12 percent increase in Facebook MAUs year-over-year. This is compared to 2.38 billion MAUs for Q1 2019 and 2.38 billion MAUs for December 2019
FACEBOOK MARKET PLACE IS BOOMING
NEW LINKEDIN LIKE FEATURES
THEY OWN INSTAGRAM
YOUTUBE VIDEO LIKE SECTIONS
TIKTOK LIKE SHORT FILMS
MESSGER + FACETIME ABLE
NEW DEVICES SHOULD BE ROLLING OUT SOON
THEY SHOULD BE TACKLING ISSUES AS OTHER EMERGING INDUSTRIES ARE !!
Facebook Potential Upside: Wedge AnalysisFacebook is inside this wedge for several months already, soon it will break out of it. Before the break, I see FB contesting the $287.50 area again.
What are your thoughts?
FB Finding Support - Followed by Possible BreakoutThis is just speculation.
Trading near support within pennant.
RSI hidden divergence.
