Meta has not bounced from its support level as expected. We will wait for a day or 2 to see how price action works at this level before taking a long or short position. The next level of support if the current support level(149 level) is broken is around 135. It would take some time to reach there, besides there would be some volatility with these ranges before...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello friends, today you can review the technical analysis on a 1D linear scale chart for Meta Platforms, Inc. (FB). 1) The price is currently in a Double Bottom Pattern with the potential of coming to a breakout area. 2) If price breaks out of the Double Bottom Pattern, it would move back inside a Parallel Channel it has been respecting since February 2020. It...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Facebook Stock took a big hit yesterday after the Technical problem that the company had that caused every website that the company owns to go down...
The more the world absorbs: the Internet, the virtual universe, and the like, the higher the stock price of the companies that control social networks. Today, we will analyze the share price of the Facebook corporation. It ranks as one of the Big Five tech companies along with Microsoft, Amazon, Apple, and Google. Although the company has been since 2004,...
Possible Long on #Facebook Entry: 253.00 SL: 237.3 TP: 268.50 ----------------- Trading Kitchen
Our view on this Stock for today Entry 248.72 SL 250.66 TP 245 ---- Stay connected with us for further trades Trading Kitchen
Facebook making a higher low on the formed uptrend channel
Hello everybody, What about the Facebook stock price? IT APPEARS WE SHOULD INVEST ON IT MORE . It seems that it’s taking an increasing trend for medium-term times. In fact, the support is pushing it up, even if in the same points time (Circled point), it tries to change its trend but gets increased more. In the future, for medium-term times (A week or 2 weeks...