Downloading...
Download

Facebookshort

Facebook Potential ShortOk there seems to be a lot happening to back up a short. RSI Divergence Reversal candle Falling volume Previous support acting as resistance pushing down on price This setup has occurred several times in the past and every time it falls around 15% this would take us to the major trend line and 78.6% fibs. All in all this is looking like a good setup, wait for the price to break the lows of the doji or if your conservative wait for a break of the trend.
FShort
by SilverTrader925
FB @ 15 min @ 118 should be defended (all bulls)FX closed last week more or less around weekly high last week before. Essentiel for all bulls is, at least, in my opinion, the 118 price area (based on 15 min chart), `cause around 118 the upside confirmed at start of last week - and even turned around back to above 120. Last weeks low (117.65) and the end of price channel start (116.95) could be good backup long entries also, next week, if FB comes under pressure. But from the techniacl point of view, nothing is speaking for a price pressure next week - even until 115.07 (last week before low). Why i am pretty slightly optimistic by FB prices above 118, for the next few days (around christmas & year end/start). 121.68 & 122.10 are the prices to beat at first and let left behind to get a constructive bullish upside trend, `cause 2 swallows don`t make a summer! Even two green weeks not a bullish trend :) Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a analysis (for swing traders) - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
FLong
by Devise2Day
FX @ daily @ 119.25 make or break line unti end of this year `16119.25 is the make or break line, in my opinion @ until end of thuis year 2016 Why? `Cause prices above 119.25 are completing and confirming the w-trend-reversal-wave - under the gap (last 25 trading days). Support lines under the make or break line by around 119.25 are 115.22 & 114.00 price are, which both are even manifesting the w-wave! Independently, if the make or break line more or less by 119.25 holds next week, much more importnat is that until the end of year traders don`t trade under 113.55. Because at prices above 113.55 (and 114 & much more 115.22) it should only be a quest of time when the traders are buying/selling this share above 119.25 and higher again ... 122.10 is the 1st target for bulls 122.98 is the 2nd target for bulls 124.61 is the 3rd target for bulls But recapturing the GAP of last month is the main scenario for bulls 123.28 lower edge of the GAP 126.28 upper edge of the GAP `Cause if the bulls win back above 126.28 at least, it should only be a question of time when we trade FB share to new all-time highs - even 133.50 and higher ... I am still neutral, `cause my last trade was squeezedOut. Also i don`t have a good feeling, although i am liking what i am see! How ever, if this week we`re trading above 119.25 maybe i`ll go long over next week :) Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
F
by Devise2Day
Facebook @ 1h Chart @ Trend-Reversal or Break Down !?> 126.24 & 124.62 bearish character around 119 traders are creating something like a trend-reversal formation "shoulder-head-shoulder" under 119 until 113 market participants created an "reversal shoulder-head-shoulder" above 119 even until 124.62 is the trading zon of both "shoulders" positiv is the fact that we created this week something like a "flag-formation" - a trend-evidence-formation, which usually suggest higher price. Even an upside trend with a temporarly consolidation. How ever, only an UpBreak above 126.24 signals a bullish signals into new all-time highs 2017 only an DownBreak under 113.51 signals a bearish signals into new mid-term lows 2017 Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
F
by Devise2Day
FACEBOOK @ 30 min. Chart @ Basic formation & lines after BrexoduBasic triangle-formation after Brexodus, `cause on the referendum the share created a temporarly low. 131.96 (2016-09-07): (d) new alltime high - after old alltime (b) before 128.31 (2016-07-28): (b) 2nd high after consolidation after complete trend-reversal-formation (while brexodus) 127.95 (2016-09-23): Friday (last trading) Closed 123.06 (2016-07-21): (c) 3rd low beetwen (a) & (b) in august 119.31 (2016-08-24): (a) 1st low after consolidation after complete trend-reversal-formation (while brexodus) 128.60 (2016-09-23): (bad news) 127.95 (2016-09-23): Friday (last trading) Closed 127.32 (2016-09-23): (bad news) if facebook climb back above 128.31 (b) the next move could be in october to new alltim ehighs - even above 131.96 (d) at least. Short-term bears are in town also 131.96 (2016-09-07): (1) last alltime high 130.71 (2016-09-09): (2) 1st temproarly low after alltime high 127.95 (2016-09-23): Friday (last trading) Closed 125.74 (2016-09-22): (3) 1st high - even after temporarly low if facebook is etablishing a downside trend, the share could fall until 130.71 (2) at least. but at 1st facebook should breakUP/DOWN at first - to etablish something like a trend to the UP/DOWN side ... 129.94 (2016-09-06): resistance trendline - temporarly high 129.92 (2016-09-09): resistance trendline - temporarly high 129.91 (2016-09-16): resistance trendline - temporarly high 129.06 (2016-09-15): resistance trendline - temporarly high 129.18 (2016-09-16): resistance trendline - temporarly high 129.35 (2016-09-21): resistance trendline - temporarly high 128.98 (2016-09-23): 1 Week SMA 127.95 (2016-09-23): Friday (last trading) Closed 127.87 (2016-09-23): 4 Week SMA 126.83 (2016-09-02): support trendline - temporarly low 126.72 (2016-08-29): support trendline - temporarly low 126.65 (2016-09-13): support trendline - temporarly low 126.07 (2016-08-09): support trendline - temporarly low 125.03 (2016-08-31): support trendline - temporarly low Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
FLong
by Devise2Day
FACEBOOK @ 4 ATH`s this Year, back to (the future) to the 5th !?132.01 alltime high until now 128.22 3rd temporary ATH this year 2016 121.12 2nd temporary ATH this year 2016 117.61 1st temporary ATH this year 2016 108.05 low while brexit - excactly on upside trendline 89.21 upside trendline - based on yearly lows 2015 & 2016 71.88 upside trendline - based on yearly lows 2015 & 2016 Use 2,3 negative trading days as an entry trading capability - `cause "the trend is yor friend"! And the market seems to buy mark zuckerbergs company story and outlook. Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
FLong
by Devise2Day
FACEBOOK'S DAYS R NUMBERED.FACEBOOK'S DAYS R NUMBERED. Even thought it may well make some weak new high but probably not that high from the previous high. They are at the top channel of parallel trading line. I marked them as Red and Light green. But also I drew a solid black like which crosses the red line and creates a triangle. Once you see the triangle has been broken FB will be weak and good time to short for long term holdings. The next support line is light green line and once it breaks that one it will be a free fall zone. You can add up more once they crosses the light green line but just be careful other traders like you may come to short it and you get a short squeeze ez. www.forbes.com
FShort
by sum1