Fbainvestment
Facebook buying opportunity stock signal buy the start of an uptrend, a strong breakout of the VWAP combined with a large volume and also the breakage of the green line which represents the resistance this signifies a very important opportunity to buy this stock.
this facebook action has experienced a strong acceleration is donation an opportunity to buy, if you liked my analysis make a like and a comment and follow to encourage me
Harmonic Pattern on Facebook gives important signals The yellow line is the main line for Facebook since 2013, The dotted resistances and supports traced the important B point of the pattern.
The latter candles (3 weeks) tested the 0.618 Fib level. There is still some potential that the market would reach the D point, then a correction or profit taking will lead the prices to the blue dotted line as a target (which is also 38.2 fib level), this line also crosses the main yellow line that I spoke about before, this is why this scenario is very plausible.
let's focus on volumes THEY make the market move, not the prices.
FACEBOOK, it's increasingHello everybody, What about the Facebook stock price? IT APPEARS WE SHOULD INVEST ON IT MORE .
It seems that it’s taking an increasing trend for medium-term times. In fact, the support is pushing it up, even if in the same points time (Circled point), it tries to change its trend but gets increased more.
In the future, for medium-term times (A week or 2 weeks for example), we expect that it continues the increasement. He will exceed the level specified by Max point A.
FACEBOOK - Communication is not subject to crises!Good day to all! An interesting picture is obtained when analyzing the shares of the well-known company FACEBOOK INC.
The price of the stock has been moving in the flat channel since 2016. As you can see on the chart, nothing terrible during the stock market crash in 2020 did not happen with the stock price. All within the channel. Price pushed off from the upper border and moves to its lower border. The correctional movement ABC is formed. Levels are shown on the chart.
Also seen is the formation of a double top. But it will be possible to consider this option in case of breakdown of the lower boundary of the channel or the level of 116.64. In this case, the price will continue the downward movement to the level of 28.43.
Most likely, this option will be possible with global changes in this company such as: the exit of investors, the main owner or something else that could lead to such a drop in the share price of a high-tech company, a service that is even more relevant during the global epidemic and quarantine.
According to the indicators on the daily timeframe, the price has adjusted, but remains in the oversold zone, the continuation of the downward movement is possible.
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Disclaimer!
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.