FB
$FB AlertBroke down out of our bearish flag pattern and bounced off previous lows. Can give opportunity for cheap pre-earnings plays assuming a bullish recovery.
TWTR 45: Use rally to exit as user base would be down this QI love TWTR and its monopoly position.
The co is losing users after giving fat fingers to 75 mil Americans who voted for the other ticket.
Technically it is oversold on RSI but not on MACD with increased volume on this decline.
Using rally as an exit opportunity but not shorting the stock as it is a monopoly and its long-term outlook is excellent.
I would be inclined to be a seller of PCS at 40 levels, hopefully, post earnings after all the bad news are priced in.
GOOGL is my favorite as a social media co as the educationally focused contents are immensely useful and valuable. Technically it is the best-looking mega-cap for which I would be eagerly going long on dips, perhaps PCS 1650/1600.
FB is still cheap compared to the market and the fervor of "digital stocks" so I would be buyers on dips too.
FB: Weekly double topWe could see a bounce from the low end of the range or we could see a break to the downside which could offer lower timeframe shorts.
The next day will be the answerJust nice the price are touching the strong support line that are tested few times. If price close lower than 247, I will go short. if it goes the other way round, it might be a good time to accumulate some long position of it as it fulfill the "Dip on the uptrend"
FB Time for a Reversal (Could the Low Be In?)Good spot to load up, I expect some crazy swings/pops for OPEX tomorrow.
History tells us that FB doesn't have much further to go if it does go further down. $245 was prior breakout level previously visited back in October.
FB 2 possible scenariosYou see this yellow channel, it is a long term middle price channel. Think of it like a true price of the stock. So we can possibly go up from current levels, or there is a good level at 220 (50 fib retracement and a low bound of the channel). Target is 300 in both cases. Good luck, I would stop below 200, but it is up to you.
$FB callsBuy the dip on FB calls for the ER run
TP1: 257.50
TP2: 265.00
SL: If FB closes below 245.50 on the DAILY
Facebook - investment stock ideaFacebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving.
The probability of further falling is extremely low, besides there is a reaction from the support zone.
Entrance zone 245-250.
Cancellation of the scenario - price go below 235.
Potential profit 4-8% minimum.
Investment for at least 2-3 weeks.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
FaceBook Is Looking For A Lower Support LevelHello traders and investors!
Today we will talk about single stock FaceBook in which we see quite clear Elliott Wave pattern.
If you are familiar with Elliott Waves, then you know that after every five waves, a three-wave a-b-c pullback follows.
Well, as you can see FB made nice and clean five waves up from March lows and currently seems like it's trading in an a-b-c correction where wave "c" is still missing, so be aware of that wave "c" drop that can send the price back to ideal previous wave "iv" swing lows, golden 61,8% Fibonacci retracement and 205 support level and later then we can expect another bull-run, but only if we get strong and impulsive bounce down there.
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S&P 500 : BULLISH FLAG PATTERN ON H4 TIMEFRAME R/R 1.4% 🔔Welcome back Traders, Investors and Community!
Analysis of #S&P 500
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Strategy: Bullish Flag pattern with R/R 1.4 - We will be waiting for all the confirmations to enter in this trade.
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Facebook - Best Place to Buy
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You can't beat this discount on $apreThe news that took this thing from $30+ to $4 was absolutely ridiculous. The recovery won't happen overnight but if you want a great swing trade here it is!!
