Facebook bullish ER runup planNYSE:TWTR NYSE:PINS NASDAQ:FB Facebook is currently looking GREAT for a rally. It is currently bouncing off 200 EMA (very strong support), at .236 fib level (bounce region?), potentially breaking out of the bull flag pattern, 6 oscillator bullish divergence, AND Earnings on Wednesday? I smell GREAT chances for a rally especially with a lot of other Tech and social media stocks having earnings this week. This should be a great week for social media stocks like Facebook and tech stocks in general. Currently in a squeeze but I am expecting that we are flying on release. Planning on buying a few calls on monday, and playing the ER run up. Good luck to anyone thinking about hopping in! Lets make some money!! If you liked this, follow me on twitter to see all my new TA @greg_trades_
Fblong
GOOD OLD FB STOCKFacebook has been consolidating for the past few months, showing lower highs since September 2020.
It is a troubled company last year facing lots of scrutinises from the gov.
However, if we look at the bigger picture, it has bounced a few times on the 200MA (disregard the March 2020 whole market correction).
We might be looking at a great long run if the price finally manage to bounce again at the 200MA and then break the upper resistance.
FACEBOOK INC, long point activated. Critical solds under 250.Hi friends. FACEBOOK in long position on the chart window. X-Lines script strong support at 249 and clear bulls target at 259. "Earned" script show big volume of solds under 249. And this solds was bought. So my opinion FB go upper to 259 for a first target.
FB longNice symmetrical triangle formed for FB here; consistently found support on the bottom upward trend line, likewise for the downward upper line (lower highs and higher lows);
26th Aug it hit its high of 304.67, 67 bps from the bottom trend line (the pink line), can see it jump around the same 67bps from where its at now
Fb's position has continuously not been affected by lawsuits or whatever, lets face it, they're a powerhouse with multiple consistent revenue streams and only look to keep going
ps still very amateur at charts, would appreciate feedback and thoughts
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
FB - 16.90% Potential Profit - Uptrend Corridor BounceUptrend Corridor characterized by large volatility and a strong support line.
Support manage to hold up quite well even during the recent meltdown.
- Target Entry $266.76
- Target Stop Loss $262.48
- Target Exit $311.59
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- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
🇫🇧 FB SHORT 🇫🇧Support Trend Line that held FB on it's bullish run since mid-march has been broken yesterday due to the Anti-Trust news/rumors sell off. Look to enter a half position on FB 9/25 PUTS if FB fail to hold over 255-256 or if it can't break and hold over 261-262.
PT @251-252 and 247.5-249
Ideal PT @241.5-242.25
Conservative SL @260.5-261
Max SL @264.10
Consider to pick up calls above 263-265 as I can see FB retesting 272-273 if we can hold above those levels.
Facebook Losing Bull Traction? Channel Spotted..The current upward channel has been good signs for you bullish bag holders as we did break higher overall.
We need to keep in mind of were we currently sit on the upward channel though.
3 previous touches on this level of Resistance signaled selloffs to occur.
The green horizontal line is previous breakout for a new high, we yet to retest that price.
No way that I'm looking to long here too risky, I would like to see a pullback.
Best of luck.
🤔 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.