$FB - Key Levels and Analysis$FB - Key Levels and Analysis
Still watching FB for 310… This is still the same target from Oct. 5th… it has not changed but I wanted to repost since earnings are in 5 days.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
Facebook (FB)
Facebook ( FB ) bullishafter facebook's mini crash ,the stock price rebounded on a long term trendline and a 360 simple moving average , the stock price has a PE ratio of 25 which is the average of all TECH sector
in overall fundamentally and technically this could be a good opportunity to buy facebook's stock
Tech Sector Returns - YTD Tech Sector Giants Returns - FY21' - YTD
FB +29.9%
MSFT +43.86%
AMZN +7.21%
GOOGL +86.58%
IMB +13.09%
AAPL +28.32%
With upcoming earnings season, Apple's latest announcement earlier this week, and the holiday season approaching, I continue to have a bullish outlook on the Tech sector overall as FY21' continues.
Facebook long opportunityEntry price: 335-340$
Target price: 352-354$
RSI: neutral, approaching 50 level, so there is potential for the future growth.
Candlestick Patterns: Hammer and Bullish Kicker
Fibonacci Extension: The last candle crossed the Fibonacci 161,8% level.
Conclusions: Candle patterns and RSI suggest bullish momentum of the asset. Moreover, the price just crossed the last resistance level, thus the long position is recommended after this resistance level will be retested as a support.
No financial advice
FB, swing set up FB,
As we can see it’s holding a nice Moving average and trend line as well. We can see a great risk and reward set up for a swing trade.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss out next research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
FB where to nextWhere will FB go next.
If today's close is above the nearest zone then we expect FB to keep rising at least into the next zone above.
If today's close is below the nearest zone but the high has at least touched that zone we can expect FB to keep dropping until the next level below current price.
Facebook, 11 OCT - Elliott waves | Gann | Astrology $FBFacebook continues to unfold in 5 waves to the downside (green count).
We are looking for wave v to complete at Gann level 320 or 311.
Gann level 320 is 7 levels from the ATH, which corresponds to a 315 degree rotation on the square of 9. Level 311 would correspond to a 360 degree rotation.
Potential drivers of volatility are Mars in trine with natal Venus on 11 OCT and Venus conjunct with natal South node on 18 OCT, potentially bullish.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas.
The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
BTO = buy to open
STC = sell to close
STO = sell to open
BTC = buy to close
TD = Theta Decay (for example a strangle or iron condor)
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice.
If you'd like to support my work, you can open accounts here & get discounts:
TastyTrade
start.tastyworks.com
Deribit
www.deribit.com
Binance
accounts.binance.me
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
$FB $SQ $BA $BABA I OptionsSwing WatchlistFB 2H I Watching FB for a breakout from this downtrend. Its trading nearly 15% down from ATH levels, after beating last ER. Reports on earnings on 10/25 AMC.
SQ 4H I SQ dipped last week to later recover and hit our pt at $250. The SQ $245c 10/08 calls we highlighted went from $2.87 to $7.35! Expecting a pullback to $230 now.
BA 1D I Expecting BA to break the $230 level and head to $250 before earnings on 10/27. Bullish activity has been betting on a breakout from this downtrend.
BABA 1D I BABA is finally bouncing and running up into earnings on 11/04. Its up 12% from our entry last week and we expect BABA to hit $175 before earnings.
BTC's Possible Double-TOP ⚠️ 🐻 ⚠️Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 BITCOIN /USDT H:4 Chart - Heiken-ashi
📌 PRICE ACTION - Fibbo - Double-Top
📍 Bitcoin may create a double-top after filling the first target of bullish-flag
✍🏼 Straight to the point, Bitcoin may create a possible double-top in H:4 and daily time-frame which can lead the price again to the 44-45k zone
✍🏼 After the vast internet shutdown and failure of centralized plat-forms such as Facebook , WhatsApp and Instagram; Bitcoin and other crypto currencies pumped big in just less than a day.
⚠️ However, from technical-analysis point of view I am just concerned about a double top at 53k price zone.
✍🏼 If the scenario 1 fails, of course BTC is going to see the 57-58k price zone more easily than everyone thinks.
⚠️ RSI in H:4 looks so much in overbought position; more than 80-85 RSI is such a dangerous zone.
LINK OF MY BULLISH-FLAG TA IS AVAILABLE BELOW, PLEASE CHECK IT OUT
THIS IS NOT A FINANCIAL ADVICE, IT IS JUST MY OPINION
A weak recovery..!In the past 3 days, we see higher closes in the market and most tickers have finished the past 3 days greenish!
But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side!
More neutral days could be the most probable scenario in the coming days!
AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower volumes..! which is not a bullish sign!
Waiting for better entries could be a good choice!
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
FACEBOOK: FUNDAMENTAL ANALYSIS + NEXT TARGET PROJECTION 🔔Over the past few weeks, Facebook has been in the headlines for all the wrong reasons. In mid-September, The Wall Street Journal began publishing a series of investigative articles called "The Facebook Files," which criticized the social media giant for its business practices. These publications coincided with the surprise announcement that Facebook Chief Technology Officer Mike Schroepfer, who has held the position for 13 years, would step down next year. Schroepfer will be succeeded by Andrew Bosworth, who is currently head of Facebook's hardware division. Bosworth's appointment raised more questions after an internal memo from 2016 surfaced. In that memo, Bosworth stated that Facebook should continue to connect people even if "someone dies in a terrorist attack coordinated by our tools" or "takes a life by exposing someone to bullies." In early October, Frances Haugen, a former data scientist and product manager for Facebook, identified herself as a whistleblower who provided internal documents to The Wall Street Journal in an interview on "60 Minutes." Those reports prompted a new hearing before the Senate Commerce subcommittee, which began Sept. 30 and led to Haugen's Oct. 5 testimony. On Oct. 4, Facebook, Instagram, WhatsApp, and Oculus went offline for more than six hours, the most serious outage in the company's history. This ongoing string of bad news, along with a broader sell-off in tech stocks, has caused the Facebook stock to fall about 12 percent over the past month. But can these controversies really hold back Facebook's long-term growth? Or have they simply created another buying opportunity for investors who still believe in Facebook's future? The Wall Street Journal claims that Facebook is using a system called "XCheck" to shield its millions of VIP users from the usual enforcement rules, that the company turned a blind eye to how "toxic" Instagram was to teenage girls, and that an algorithm change in 2018 that was designed to increase user engagement led to sharper conflicts for audiences instead. The report also claims that Facebook didn't crack down on posts about illegal activity even after they were flagged by its own employees, that misinformation on its platform prevented many Americans from getting vaccinated, and that the company was trying to engage teenage users well before the recent development of Instagram Kids, which was suspended in late September as the Facebook Files crisis escalated. During an interview on "60 Minutes," Haugen said that whenever Facebook faced a conflict of interest between "what's good for society and what's good for Facebook," it repeatedly "chose to optimize for its own interests, like making more money." The Facebook Files and the Senate hearings alone probably won't be able to stop the growth of the tech giant. However, they could provide new support for the Federal Trade Commission's ( FTC ) crusade to break up the company, as well as an escalation of Apple's attack on Facebook's data processing practices. Last December, the FTC filed a lawsuit against Facebook, alleging that its acquisitions of Instagram and WhatsApp were anti-competitive. That lawsuit was dismissed in June, but in August the FTC filed an amended lawsuit against Facebook, in which it still insists on separating Instagram and WhatsApp. Facebook asked the court to dismiss the new suit in early October, but the Facebook Files situation could tip the scales in the FTC's favor. It could also bolster support for Apple's recent privacy update for iOS, which allows users to opt-out of data-tracking features in all apps. Last quarter, Facebook warned that Apple's iOS update would likely affect the company's growth in the second half of the year. Analysts still expect Facebook's revenue to grow 39 percent this year, thanks to an easy comparison to the initial impact of the pandemic last year but will grow only 20 percent next year as the company faces more regulatory and platform hurdles. Facebook has been hit by a barrage of negative headlines, but investors should remember that the company has already weathered numerous scandals, including the Cambridge Analytica scandal, the Myanmar genocide cases, and the Jan. 6 attack on the U.S. Capitol. Each time, critics have urged people to boycott Facebook. But Facebook continues to grow, with 3.51 billion people monthly using its family of apps (Facebook, Messenger, Instagram, and WhatsApp). Even if the FTC is successful in splitting Facebook into several smaller companies, its investors are likely to get new shares of Instagram and WhatsApp, which could bring much more profit than Facebook's core business. Therefore, Facebook will continue to expand, and the recent controversy will not significantly slow its growth-especially in foreign markets that do not follow the story of the Facebook Files. If you have moral objections to Facebook's business practices, don't buy its stock. But if you think the company is simply in the painful throes of growth, its stock still looks like a bargain at 23 times forward earnings