WALT DISNEY COMPANY daily analysisHI FRIENDS
THIS GRAPH SHOWS WITH A HIGH PROBABILITY A LOW TREND UP TO THE LEVEL OF 78.86 WITH OF course THE VIGILANCE OF CHANGE IN THE MARKET TOWARDS THE OPPOSITE
Elliott Wave View: Facebook Should See More UpsideFacebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback in wave 4. Wave ((a)) ended at 223.55 low and wave ((b)) bounce ended at 231.66 high. Facebook then extended lower in wave ((c)), which ended at 222.53 low. Up from that wave 4 low, Facebook resumed higher in wave ((i)) as 5 waves impulse Elliott Wave Structure. That rally in wave ((i)) ended at 238.46 high. From there, the stock did a pullback in wave ((ii)), which unfolded as a zig-zag Elliott Wave Structure. Wave (a) ended at 233 low and the bounce in wave (b) ended at 237.88 high. Facebook then declined lower to end wave (c) at 231.73 low.
The stock has resumed higher since. It has broken above the previous wave 3 high, confirming the next leg higher in wave 5 is already in progress. From wave ((ii)) low, the stock extended higher and ended wave i at 237.59 high. The pullback in wave ii ended at 232.15 low as a zigzag Elliott Wave Structure. From there, the stock resumed higher and ended wave iii at 240.83 high. Wave iv then unfolded as a triangle and ended at 238.75 low. The stock then pushed for another high in wave v, which ended wave (i) at 234.92 high. Wave ((ii)) pullback is currently in progress. Near term, while pullback stays above 231.73 low, expect the dips in 3,7, or 11 swings to find support and Facebook to continue to extend higher.
$FB Bullish Breakout of Structure.Facebook held up the breakout today (6/23). It's currently in consolidation right above it's previous flag. Due to the strong fundamentals of this stock I believe that it continue to rise. I'm long on Facebook as it has proved that it is resilient to COVID news. Lmk your thoughts below in the comments.
facebook analysis in 15 min (BIG SIGNAL FOR BUYING)we have here a big signal of buying facebook its 85%
$FB to $250 | Bull FlagCaught the breakout the first time, let's grab this one too while we're at it...
The Plays (Rating 7/10):
FB $252.5 Call 6/12 @ $70
FB $255 Call 7/2 @ $145
Do not trade this, not financial advice
DotcomJack | Easy Loot | The Dotcom Takeover
Facebook in a decisive Range !!After accomplishing 5 waves to the up, Facebook is struggling on a Range box.
We wait for a break out either to Up or Down before considering a position.
The RR will be at least 1:5
$FB New 52 High Breakout IdeaNASDAQ:FB traded quite heavy today and met with heavy sellers. All time highs just above worth a try over $240 for me.
facebook analysis in 15 min (SELL SIGNAL)after this hight tendance and this great volume you have to wait the next red candle thats confirm 90% of selling
Facebook would short -9.34%Facebook has broken trend line and would now move to previous demand zone!!!
FB Looking To Breakout To ATH.FB is showing very bullish signs of a breakout. With two double bottoms formed a rise above $237.50 is indicative of a breakout.
Lmk what you think.
Thanks.
🤔 Facebook Resistance, Keep Eye On It... (FB)🐻 Could be an opportunity for bears to step up as we approach a key upward channel Resistance level.
This is 4th time hit on channel Resistance and followed by a very strong extended rebound.
I'd look for a long term play on the 3day to turn over. Look for a lower low breakout to print on daily.
$240 is key Resistance price level.
The daily seems to be attacking multiple times but getting rejected.
Keep an eye on it. Great time to look for a solid play.
Facebook Hidden Bullish Divergence|Range Resistance|Bull PennantEvening Traders,
Today’s Analysis – Facebook – trading above range midpoint with a hidden bullish divergence , immediate target - range resistance.
Points to consider,
- Trend bull pennant
- Range support respected
- Range resistance target
- RSI hidden bullish divergence
- Stochastics above 50
Facebooks trend is forming a probable bull pennant above range mid-point; this is considered a true pennant ONLY when price breaks out north.
The range support has been respected multiple times; breaking this will put bears in control of the trend.
Facebooks immediate target is range resistance, a very key level, breaking above will initiate a Blue Sky Breakout.
The RSI confirms a hidden bullish divergence ; price has made a higher low whilst the RSI has made a lower low. Both oscillators need to remain above 50 for continued strength in the market.
Overall, in my opinion, range resistance is the current target, breaking the pennant north will validate the pattern and the target will then become more probable.
Breaking the ATH will put Facebook in price discovery mode
What are your thoughts?
Please leave a like and comment,
And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
$FB Long IdeaNASDAQ:FB $260 Call buying for Facebook $2M premium. I would like to give this a try over $237 giving it about $1 risk for a possible breakout above the 52 highs. Please keep in mind the market is overall weak. This would need to trigger with heavy buying for me to give it a try.
facebook trading in 15 minfacebook chart will go's up the signel is buy if the next candle is green thats confirmer 95% of buying
$FB Watching for a breakout and continued uptrendFirst, I zoomed out to the weekly and daily charts to establish a long term trend and identify current support (red area) and resistance (top of green area) levels. The purple line represents the shorter-term trend and support level.
Based on the market movements on Friday which took just about everything down with it, and the fact that there has been no severe news over the weekend, I'm predicting either a gap up on Monday morning at open, or a slight dip before heading back upwards mid-day. In the ladder situation, I'll be looking to make an entry on the dip.
FB ShortThis is going to dump hard, wedge resistance, over priced stock, user base is saturated.
Right now, it appears it broke a rising wedge to the upside and completed a throwback. We'll see if it holds, but I don't think it will.
Feels to me like an overthrow bull trap.
