Buying $208 calls for Feb 21st Short term trade, won't be holding for more than a few days.
Hello, Traders! Monfex is at your service and today we overview Facebook. Many shares of large, technology companies are reaching new records either near their previous peaks. Facebook hit the whole world this year with its intentions to conquer the financial sector with the Libra . And met with disapproval and criticism from the regulatory side. Now under...
Short term Elliott Wave view on Facebook (ticker: FB) suggests the rally to 193. ended wave ((X)). The stock has resumed lower within wave ((Y)) which is unfolding as a zigzag Elliott Wave structure. Down from 193.1, wave (A) of the zigzag ended at 173.09. Internal subdivision of wave (A) unfolded as 5 waves where wave 1 ended at 188.12, and wave 2 bounce ended at...
HI BIG PLAYERS, in this view I present a bearish Wolfe Wave on facebook chart. The rebounce was exactly on the fibonacci line 1.272 and will support with a candle indication: morning star. I see it to late, this is why I actually can give an riskreturn of 1:2. Best regards NXT2017 ============== MY PERSON: I'm the second winner of the official German...
nothing crazy. just notice double top RSI at 60 on monthly RSI. after a nice bounce off 40, bull market RSI support, its now hit 60, formed a double top, or potential bear market RSI resistance. Price action looks like complete ass. Looks like a confirmed double top as well. Looks like southern cross evening candlestick pattern as well on most recent swing...
Good Morning TradingView Family! Today we are looking at the FACEBOOK stock on the larger timeframes. Please note that im not that much into stocks and most likely trade currencies! But this longterm short setup got my eye. Price from FB did break through the 200 Dollar mark and now is consolidating. From this point on i really like to see a larger correction to...
We'll be looking to buy facebook till 223.40, we can therefore buy every dip...
NASDAQ:FB is looking extremely bearish. Expect a drop #facebook #fb #short #bearish
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse ended at $161.99. The rally from there to $179.19 ended wave (3). Internal of wave (3) subdivides as an impulse of lesser degree. Up from $161.99, wave 1 ended at...
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...
Elliott wave view in Facebook (ticker symbol: $FB) suggests that the rally from December 24.2018 low ($122.55) is unfolding as Elliott wave zigzag structure. The first leg of a zigzag structure ended in wave ((A)) at $152.43 high. Down from there, wave ((B)) pullback unfolded as double three structure where wave (W) ended at $146.37 low. Wave (X) bounce ended at...
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...
Facebook can't seem to catch a break, with weekly scandals and now the U.S. government suing them. The majority of Facebook shareholders are large pensions that are extremely risk adverse (as opposed to Tesla, which is held mostly by speculators). These large pension funds hold Facebook for one reason and one reason only - to obtain a *stable* and *safe* return...
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.
Not saying the bear run is over. but a little retracement is imminent for facebook inc.
Facebook has been trending inside the same channel for nearly 5 years. It recently broke out of the channel, and not in a false flag or noise sort of way - instead, the break is very clear, and very ominous, since Facebook basically hasn't experienced anything like this for its stock price in over 5 years. The silver lining is that the stock appears to have...