NASDAQ:FB is looking extremely bearish. Expect a drop #facebook #fb #short #bearish
Reading some of our Spectro M and considering some of bad press FB is getting due to shady partnerships with government entities for content censorship and monitoring I'd bet on a bearish short-term call. The Volume Analyzer, the color under the candles just went red, it's on precision mode so it's pretty fast and reactive. We just had a Spectro M...
Pair: FB Prediction: Short / Sell
Facebook in technical terms is screwed. All the lawsuits and bad press surrounding Facebook over the past year has forced its price lower, both technical and fundamental analysis look bad for Facebook. You can see from our chart that price has been respecting a bearish trend line and using it as resistance, this lines up with fundamentals and we can only see...
As you can see from our chart the Facebook has been testing and respecting our trend line and using it as resistance for months, just recently it has broken this trend line and has come back down and is now using it as support. Entry, SL and TPs are all reserved for our clients, if you are interested in joining our team then please send us a message.
Possibly a risky trade given the shaky sentiment in the markets right now but I couldn't resist an opportunity to pick up some $FB at this price based on the bullish divergence, falling wedge pattern and indicators screaming oversold. There's always the possibility this moves against me to the downside hence my stop loss.. I'm willing to enter long here and see...
I AM EXPECTING MORE FUTURE DROP DOWN FOR FACEBOOK, thou for now there should be a moment of respite for them like, follow and comment for more
We could se a retest of the key support line ( 169.63 ) on the daily timeframe, price has tested and bounced on a few occasions ( marked by the arrows on the chart ) if we take into account the fundamentals along with the technical analysis both point to the bulls taking over and pushing price higher. • Daily active users (DAUs) – DAUs were 1.47 billion on...
Take a look at our charts, we called the Facebook long, as soon as we called it we had 2 days of bullish movement. Hours and hours of reading reports, earnings and news pays off, this is what we do for our clients. All TP and SL are reserved for our clients. Please message us if you are interested in joining.
If you a take a step back and look at the bigger picture, the uptrend is still intact. Fundamentally, the earnings weren't disastrous. I felt that physiologically, too many people piled into FB in the past few months with a very optimistic view and once they heard a droplet of bad news, they over-reacted and the stock plummeted. However, hindsight is 20/20 but...
This is a textbook trade using Spectro™ M The green triangles mean that Spectro's Reversal Confirmation is triggered, so after that we just waited for the next conservative Spectro™ M alert and bough in, still no sell alert but we have the red triangles warning for a big correction or reversal so we just closed this position. So if you're thinking about...
Hello Traders, In this Elliott Wave Analysis, we will have a look at Facebook in the 1-hour chart. Short-term Elliott wave analysis suggests that the rally to $203.55 ended in black wave ((1)). Down from there, the pullback in black wave ((2)) remains in progress in 3, 7 or 11 swings to correct cycle from 3/26/2018 low. The internals of that pullback shows an...
If we are now at the bottom with facebook, the stock should grow of 50 pts. Target 200
FB in the near term is technically positive. We recommend an opportunistic buy with an entry below 144.85 with a primary target at 151.53. FACEBOOK FACEBOOK FACEBOOK FACEBOOK FB FB
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron