We'll be looking to buy facebook till 223.40, we can therefore buy every dip...
NASDAQ:FB is looking extremely bearish. Expect a drop #facebook #fb #short #bearish
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse ended at $161.99. The rally from there to $179.19 ended wave (3). Internal of wave (3) subdivides as an impulse of lesser degree. Up from $161.99, wave 1 ended at...
Reading some of our Spectro M and considering some of bad press FB is getting due to shady partnerships with government entities for content censorship and monitoring I'd bet on a bearish short-term call. The Volume Analyzer, the color under the candles just went red, it's on precision mode so it's pretty fast and reactive. We just had a Spectro M...
Elliott wave view in Facebook (ticker symbol: $FB) suggests that the rally from December 24.2018 low ($122.55) is unfolding as Elliott wave zigzag structure. The first leg of a zigzag structure ended in wave ((A)) at $152.43 high. Down from there, wave ((B)) pullback unfolded as double three structure where wave (W) ended at $146.37 low. Wave (X) bounce ended at...
Facebook in technical terms is screwed. All the lawsuits and bad press surrounding Facebook over the past year has forced its price lower, both technical and fundamental analysis look bad for Facebook. You can see from our chart that price has been respecting a bearish trend line and using it as resistance, this lines up with fundamentals and we can only see...
Facebook can't seem to catch a break, with weekly scandals and now the U.S. government suing them. The majority of Facebook shareholders are large pensions that are extremely risk adverse (as opposed to Tesla, which is held mostly by speculators). These large pension funds hold Facebook for one reason and one reason only - to obtain a *stable* and *safe* return...
As you can see from our chart the Facebook has been testing and respecting our trend line and using it as resistance for months, just recently it has broken this trend line and has come back down and is now using it as support. Entry, SL and TPs are all reserved for our clients, if you are interested in joining our team then please send us a message.
Not saying the bear run is over. but a little retracement is imminent for facebook inc.
Facebook has been trending inside the same channel for nearly 5 years. It recently broke out of the channel, and not in a false flag or noise sort of way - instead, the break is very clear, and very ominous, since Facebook basically hasn't experienced anything like this for its stock price in over 5 years. The silver lining is that the stock appears to have...
Hi All, It's all in the chart I'm very bearish on FB but I could be completely wrong depending on future changes, This is me being completely objective Be sure to follow me and like this post if it was helpful, and thank you all. Like the Phoenix we will rise from the ashes Happy trading People....
Possibly a risky trade given the shaky sentiment in the markets right now but I couldn't resist an opportunity to pick up some $FB at this price based on the bullish divergence, falling wedge pattern and indicators screaming oversold. There's always the possibility this moves against me to the downside hence my stop loss.. I'm willing to enter long here and see...
I AM EXPECTING MORE FUTURE DROP DOWN FOR FACEBOOK, thou for now there should be a moment of respite for them like, follow and comment for more
We could se a retest of the key support line ( 169.63 ) on the daily timeframe, price has tested and bounced on a few occasions ( marked by the arrows on the chart ) if we take into account the fundamentals along with the technical analysis both point to the bulls taking over and pushing price higher. • Daily active users (DAUs) – DAUs were 1.47 billion on...
Take a look at our charts, we called the Facebook long, as soon as we called it we had 2 days of bullish movement. Hours and hours of reading reports, earnings and news pays off, this is what we do for our clients. All TP and SL are reserved for our clients. Please message us if you are interested in joining.
as shown in our chart we are long on Facebook stock, all TP and SL can be found in the picture. A business with that much market capital will never get held down by the market for long.
If you a take a step back and look at the bigger picture, the uptrend is still intact. Fundamentally, the earnings weren't disastrous. I felt that physiologically, too many people piled into FB in the past few months with a very optimistic view and once they heard a droplet of bad news, they over-reacted and the stock plummeted. However, hindsight is 20/20 but...