FB/Facebook entry pointFB/Facebook is in a huge triangle, if it breaks the area that I have shown in the chart which is around 284$, it will go to 305$ with ease.
Note that there might be a little pullback to the trend line
Facebook solid Fundamentals..!Take a look at revenue and earnings, you easily conclude Facebook is going to reach new all times high!
Primary target : 304(+11%)
Reward/ risk: 4
Timeframe: 1-3 months
FB Chart AnalysisResistance level at $280. The stock is trading in a very narrow band with descending highs and ascending dips. Might break out soon and if it surpasses the resistance level except a strong move upwards.
Not an investment advice.
FacebookI have this going to the 290's. I like the Financials. Charts looks nice. Check Multiple Time Frames. I used the Daily, 4 Hour, and 1 Hour. I confirmed on the 5 or 15min. Check for yourself.
What do you think?
$FB: Facebook coiling, looking for a big moveBeen getting tighter on Anchored VWAP, squeeze momentum. Coiling since the new year, while TWTR and PINS are flying. Measured move would move $60+ dollars.
Facebook Possible Up MoveAn idea for FB
I think this formation has potential for an upward breakout
Within a larger broadening wedge
Promising
$FB rebounded, now at a minor supportFacebook rebounded from its first resistance, now the price is at a minor support, we have to see if the support holds amid negative sentiment in the market with short selling war going on or not
FB struggles to stay above $280Could we see Facebook drop down to the low 200's? With a break below $248, our next support level would be $207. It will need a lot of volume to break the descending trend line.
Let's see how our support and resistance hold up.
Time to gloat: as expected, big tech cracking down on the leftThe USA billionaires that pretend to be left wing by supporting a far right party that calls itself the left, are now - as was so obvious just so obvious and so certain to happen - banning droves of left wing activists and groups.
I am gloating, not because I like seeing people get silenced, I am gloating because I love to say "told you so" and there is a second reason: I know this is the early phase of these internet giants dying. They won't go to zero tomorrow, we are only in the innovator or early adopter phase, but at some point the progress bar will fill up and this will be it.
There are plenty of alternatives and I cannot tell yet which ones will be the ones (some might not even have been created yet): Rumble, DLive, Mastodon, Bitchute, Gab, Parler, Odysee, many more, mostly right wing alternatives for now.
Here a few words from the International Committee of the Fourth International via their World Socialist Web Site:
"On Friday, Facebook carried out a purge of left-wing, antiwar and progressive pages and accounts, including leading members of the Socialist Equality Party. Facebook gave no explanation why the accounts were disabled or even a public acknowledgement that the deletions had occurred."
"Since the 2016 election, the US intelligence agencies have advocated internet censorship in the name of fighting “fake news.” While these actions have been presented as targeting far-right conspiracy theories, they have, in fact, disproportionately affected left-wing, antiwar and socialist organizations."
They banned the Socialist Equality Party’s candidate for US Vice President and other key figures.
Here is the full article:
www.wsws.org
Here is an article from the Socialist Workers Party, about Facebook banning their page:
swp.org.uk
Twitter is also banning plenty of anarchists, antiwar and other "unnacceptables". The mainstream media thinks they are useful idiots and are not really on their side so they won't cover the matter, the right-wing media well they don't care and think it's nothing compared to bans on right-wingers so won't cover it. They have no allies and if somehow average people hear of it and asks TWTR questions they'll say "oh ye these were clearly far right racists posing as left-wingers". Facebook banned known people, the socialist VP candidate, and the SWP page, so would be quite hard for them to call them undercover KKK members, although not impossible, "average" people are stupid enough to believe anything at that point.
They are killing small businesses (since 2009 there are in the USA more people working for large companies than small ones for the first time), they want more power and money... But... More people that work for large business will mean the comeback of workers unions and socialism & fascism and everything.
🍿
FACEBOOK - Is Coming Back!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: FACEBOOK is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
on H1: FACEBOOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
and of course, as price approaches our upper blue resistance, we will be looking for sell setups
Until the buy is activated, this one would be overall bearish and can still test the lower green support or even break it downward.
Good luck!
Do NOT MISS FaceBookFacebook seems to be a good price for entry, it's at support area and RSI is oversold.
These are all my personal ideas, please manage your risk in your trades.
Facebook (4H)Nothing has completed for long-term traders. Bears showed the strenght and pulled down the price beyond the EMA200 what activated the (ABC) model on weekly TF
There will be a short-trade opportunity to long wave B, but before we should wait for (A) completion
Facebook - Earnings Inverse Cup and HandleInverse Cup and Handle forming on the $FB daily chart going into earnings next Wednesday.
ETF buying with the $NFLX AH 10% jump, hopefully will fill the gab back to $260 and we can add to longs before it continues.
PoC of $275.86, this will most likely be my target rolling out my weeklies this week into earnings next week.
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.