FB-BUY+++
The pattern looks interesting. It looks kind-of FALSE BEAR FLAG with the pole being far away due to the GAP.
The FIB. corrective levels are clearly defined, and thinks we should see minimum back $ 300-310 for now.
BUY current $ 220 or if long slightly higher, one adds to it. NO Stop loss I can suggest due to the oversold nature of this market.
profit target $ 285-290 at first, but likely $ 300-320.
The FIB. corrective levels are clearly defined, and thinks we should see minimum back $ 300-310 for now.
BUY current $ 220 or if long slightly higher, one adds to it. NO Stop loss I can suggest due to the oversold nature of this market.
profit target $ 285-290 at first, but likely $ 300-320.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.