Bearish trend but small reboundI used a couple different indicators. RSI, Vol, EMA, Mac D. All these indicators point me the same direction. While it's definitely oversold according to the RSI, it only confirms a small rebound. But the EMA and mac D both paint a bearish picture in the future. This stock will either continue to pl
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Facebook Entry PointHello!
We see that there is a downside channel in FB stock. For the ones who ask the entry level to that stock is around 357$
Why?
1. We should be sure that the downtrend is over (Above the blue channel)
2. We should believe that the resistance area (red area) is broken upwards.
So, do not hurry
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