Long
FB
FB is in the strongest gaining wave which is wave (3). That's why we only need to be in a good position to buy. The price above the MA200 is the clearest testament for Plan to buy only. Regarding the wave structure you can see after forming wave (1), FB corrected its Flat and then surpassed its old peak at 244. That six rose to 280 and had a small correction. There may continue to adjust next week to the area 252, then increase (wave (3) of (iii).
Plan: We watch to buy FB when the price returns to 250, stop at 225, target 322
Plan: We watch to buy FB when the price returns to 250, stop at 225, target 322
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.