This stock will rocket to the upside if earnings results on Wednesday (Nov. 1st), after market close, are good. Admittedly, two weeks ago, the landscape in FB stock looked a bit less certain. Shares had been consolidating constructively within a flat base for a couple months when bears sliced some 4.50% off Facebook and in the process, damaged its technical...
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation.
I'm generally bullish on Facebook Stock (FB). In my opinion we'll have an opportunity to buy at a discount at the completion of this current cycle.
I'm generally bullish on Facebook Stock (FB). In my opinion we'll have an opportunity to buy at a discount at the completion of this current cycle.
I'm generally bullish on Facebook Stock (FB). In my opinion we'll have an opportunity to buy at a discount at the completion of this current cycle.