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Fbanalysis

Facebook Searching For New Support! (FB)I had a request from a follower earlier today to review facebook stock, let's have a look 😁 We are traveling in a clear controlled parallel channel to the upside from the recovery of the massive selloff. 12hr and up are all firing green and now breaching the past the 232$ old Resistance and trying to turn it into new support. (Horizontal support) We are also turning for a push off the upward channel support. I like that it did push for the highs. All indicators are from the ema dots and the Crossover strategy are shooting green! Your next breakout level will be 237.51, a push up we will travel to the top of the channel. When the candle compresses and fires red with the ema dots indicator that's where we will look for a sell at the top of the channels Resistance or a break out of the parallel upward channel through the bottom of support. For now it looks good to continue to sit on. We will see how strong the old Resistance becomes for a potential new support. If channel were to break and drop below 223.14 we would then look for a short on a distribution play. Best of luck to you, have a blessed day! Want me to review a symbol? Message me directly and don't forget to smash that like button! 💯 🥇MLT | PRO TRADERS
NASDAQ:META
by UnknownUnicorn2319099
16
ANALYSE FBOn May 14th we notice an upward trend of the curve with touching and testing the support line with a breach through it Probability 1: keeping up with the trend Probability 2: trend return to test the strong support line and keep up with the bullish trend Probability 3: Trend returns to test the strong support line with a breakout Probability 3.1: trend going down to support line 1, making cumulation, and going back up Probability 3.2: trend breaks support line 2 and go further towards support line 2
NASDAQ:META
by dahbaoui
FACEBOOK - Communication is not subject to crises!Good day to all! An interesting picture is obtained when analyzing the shares of the well-known company FACEBOOK INC. The price of the stock has been moving in the flat channel since 2016. As you can see on the chart, nothing terrible during the stock market crash in 2020 did not happen with the stock price. All within the channel. Price pushed off from the upper border and moves to its lower border. The correctional movement ABC is formed. Levels are shown on the chart. Also seen is the formation of a double top. But it will be possible to consider this option in case of breakdown of the lower boundary of the channel or the level of 116.64. In this case, the price will continue the downward movement to the level of 28.43. Most likely, this option will be possible with global changes in this company such as: the exit of investors, the main owner or something else that could lead to such a drop in the share price of a high-tech company, a service that is even more relevant during the global epidemic and quarantine. According to the indicators on the daily timeframe, the price has adjusted, but remains in the oversold zone, the continuation of the downward movement is possible. Thanks to all my subscribers and readers for your attention! 🙏Your likes and comments motivate me to give you more accurate information and analytics. Success and profit!🤑 Don’t leave without like and comment, and if you liked my analytics sign up and you definitely won’t miss anything! Disclaimer! I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.
NASDAQ:META
by CryptoYanina
1