Meta Facebook FB Buy NowAccording to my chart analysing , Meta Facebook FB show strong signal to BUY .
Fbbuy
FB-BUY strategyWe are slowly or rather grinding upwards. The buying pressure is not strong, and flattening. The Kagi shows we are moving upwards and likely we will see $ 230-240 area in near term.
For now BUY current $ 210-215 and place stop-loss below $ 185.00. Profit @ 245.
FB-BUY strategyI feel we may have to move upwards towards the GAP resistance near $ 245.
The selling pressure is slowly turning into buying mode, and this is seen on the indicator below. We are slightly inside cloud (tiny) and I feel it's a sign we may move into it. It is not confirmed of course, but am combining shape and possibilities, and think we may see $ 245 test.
Strategy is BUY current $ 208-212 and place stop-loss below $ 170 for now. Profit order $ 242. (I feel we may not reach $ 265).
FB-BUY strategyEven though we are negative Ichimoku signal, the Aroon oscillator is low and turning above the average. I feel we may trade within the cloud, and that means we may see $ 225-260 again before lower.
For now BUY @ 195-205 and take profit @ 255.00-265 area.
Please stop-loss below $ 180 for now.
FB-BUY strategyNo change in view, but suggesting to place stop-loss now @ 190.
The pattern looks it will move higher and profit level should adjust to $ 265 for now. I feel we may top-out at that level.
Buy level @ $ 208-212 and tight stop-loss $ 190 as mentioned earlier.
FB-BUY strategyWe are on the correction mode and it is expected to move towards $ 280-300 again.
For now the pattern is basing and breaking higher. The stochastic are positive as well.
Strategy is BUY @ 200-215 and place profit order @ $ 280 for now. Stop loss to be place below $ 185 for now.
FB-BUY strategyWe are starting move outside this $ 190-200 range and bottoming seems to form.
I feel we will see correction back towards $ 285-300 again. For now we buy into weakness $ 190-210 and profit @ 280 for now.
Stop-loss likely best to implement now, and I feel $ 170 below is a good place for now.
FB-BUY++We are moving out of the bottom formation and remember it looked a bit like FALSE BEAR flag pattern (setting aside the gap).
In general we need to fill this gap, and we should retrace nicely back towards the start of pole (not always being the case).
For now we continue LONG or BUY $ 180-210 area for a profit objective $ 280 for now.
FB-BUY+++The strategy is unchanged.
BUY current (or add) @ 185-190 for a move back towards $ 280-300 profit levels. No stop-loss is suggested, but if needed, I suggest below $ 150 for now.
FB-BUY +++No change in view.
we remain long and by on dips. Ultimately I expect $ 280-300 as return levels.
Strategy BUY current $ 195-200 and add on dips. Profit order we place at $ 285 for now.
FB-BUY+++No change in view.
The lower levels are buying opportunities for the short-term. The market is very oversold here, and sure, we cannot predict the lows or how low the RSI will travel. In reality and experiencing low RSI, the correction will happen over time. Since it's a weekly chart, the correction will take 2-4 weeks and the expected return level is still $ 280-300 for now.
Strategy BUY $ 180-190 and on dips but with careful money management, i.e. low leverage, and if long add a bit at these levels.
Profit order $ 285 for now.
FB-BUY++++No change in view.
The pattern suggest bottoming and also the shape of it feels a little like inverted false bear flag. The RSI still very low for the weekly chart and provides ample room for a good correct back to $ 280-300. So for now, we add $ 180 area if seen, and no stop-loss I would use, but this is a personal decision. Profit at $ 285 for now.
FB-BUY +++No change in view.
We buy on dips between $ 200-210 for a move back towards $ 280-300 again.
FB-BUY strategyNo change in view. The stochastic is positive weekly chart, and also we are basing nicely with a hammer bottom.
Strategy BUY $ 200-210 and profit order to be placed at $ 284 for now. we add on weakness if it goes down first $ 175-180.
FB-BUY+++We are building up a base, and it feels that likely we will correct soon. Buying into weakness $ 190-210 seems fine so far, and I would expect the correction take us back to $ 285-300 for now.
Strategy BUY $ 200-210 and buy again $ 170-185 for a move to $ 285 profit for now.
FB-BUY++No change in view.
The RSI is very low for the weekly chart, and it suggest we buy into weakness.
Strategy is BUY $ 200-210 and lower $ 175-180. Profit taking $ 280-285 for now.
FB-BUY++No change in view.
Yes, some remarks or feedback that we may go a lot lower. I agree, we got some severe issues on hand, but we are not marrying the stock and only trading it for gain. In this case, I stick to the belief that we will see a correction back to $ 280-300 area before down again.
Strategy, BUY or add current market $ 205-210 (and if more weakness scale in carefully) and take profit at $ 280-300, and maybe in stages to protect profits.
FB-BUY+++Having some great discussions and feedback from friends connected with in TradingView.
Indeed many issues surrounding FB and likely more to come. However, these may be short term issues and as investors we should have a predictive view based on what we read, see and analyze.
The RSI on weekly chart is very low (and sure can always go lower) and same for daily chart. That s why I prefer small scaling in to the position and using low leverage to ensure I obtain right average, and this case low leverage and reasonable average as well.
For those LONG already, add $ 200-210 area and again $ 175-180. Profit objective is unchanged $ 285-300. I do not use a stop-loss currently due to the low RSI and shape of pattern, i.e. likely a false bear flag pattern that has a large gap as well. For those applying stop-loss (am not against using it) I suggest $ 160.
FB-BUY++No change in view. The pattern looks false bear flag (more clear on daily chart), and further, the gap move is far to quick and large. The RSI is very low for the weekly chart, and daily chart low as well. The share is well oversold, and I expect a move back to $ 285-305, and that is where the profit objective will be placed. No stop-loss as I feel we may be tricked out of it.
we will add on further weakness if seen.
FB-BUY strategyNo change in view. Correction should happen coming days.
we remain long or buy current $ 217. Current stop-loss we adjust to $ 203 for now and profit order $ 285-290.
FB-BUY++The strategy is starting to work, and BUYING into weakness is still the strategy. The stochastic is positive now as well, and for now, we remain LONG or BUY $ 228-235 area, and now we do place stop-loss below $ 205 for protection. Profit objective $ 280-290 for now.
