FB: Weekly double topWe could see a bounce from the low end of the range or we could see a break to the downside which could offer lower timeframe shorts.
Facebook (FB)
The next day will be the answerJust nice the price are touching the strong support line that are tested few times. If price close lower than 247, I will go short. if it goes the other way round, it might be a good time to accumulate some long position of it as it fulfill the "Dip on the uptrend"
FB Time for a Reversal (Could the Low Be In?)Good spot to load up, I expect some crazy swings/pops for OPEX tomorrow.
History tells us that FB doesn't have much further to go if it does go further down. $245 was prior breakout level previously visited back in October.
FB 2 possible scenariosYou see this yellow channel, it is a long term middle price channel. Think of it like a true price of the stock. So we can possibly go up from current levels, or there is a good level at 220 (50 fib retracement and a low bound of the channel). Target is 300 in both cases. Good luck, I would stop below 200, but it is up to you.
$FB callsBuy the dip on FB calls for the ER run
TP1: 257.50
TP2: 265.00
SL: If FB closes below 245.50 on the DAILY
Facebook - investment stock ideaFacebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving.
The probability of further falling is extremely low, besides there is a reaction from the support zone.
Entrance zone 245-250.
Cancellation of the scenario - price go below 235.
Potential profit 4-8% minimum.
Investment for at least 2-3 weeks.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
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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S&P 500 : BULLISH FLAG PATTERN ON H4 TIMEFRAME R/R 1.4% 🔔Welcome back Traders, Investors and Community!
Analysis of #S&P 500
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Strategy: Bullish Flag pattern with R/R 1.4 - We will be waiting for all the confirmations to enter in this trade.
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Facebook - Best Place to Buy
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You can't beat this discount on $apreThe news that took this thing from $30+ to $4 was absolutely ridiculous. The recovery won't happen overnight but if you want a great swing trade here it is!!
TWTR 1 hour trendlines with bottom supportI still think we have more room to fall. Regardless of your political views, the press has been all over Twitter (and big tech) the last few days and the response hasn't been that great. We can also see that from the massive amount of selling the last 24 hours, specifically on Twitter.
Continue to play PUTS on this. Entering again tomorrow. Was in puts 01/11 but sold the same day.
$TWTR $FB $SPY $GOOG
How much punishment (esp. >Dec29) cn Big Tech Robinhooders take?Painful underperformance (especially since three days before the new year from Dec 29) vs. the Nasdaq IXIC and the Dow DJI for those previously enamored with the Big Tech counters such as Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX, and even Apple AAPL; with the possible exception of Alphabet Inc GOOG.
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
Buy Signal: 275.81 #stocksIngenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets. For Stops and overall trade management join the club.
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
