Meta Platforms
Viés de baixa

Facebook: breakdown short or an overshoot

103
Facebook's stock price has been under pressure since yesterday. Now we see a continuation pattern by falling through the level of the main Fibonacci EMA. There has been no signal of a rebound yet. In the past we saw a rebound which reached an important Fibonacci EMA line. At the moment Facebook is going to put pressure on the next line. Is the stock going to rebound like it did a few months ago? I don't think so. The accumation of negative sentiment that has been formed since October/November is a process of acceleration bearish sentiment during this year. The next target is 154 dollars, below that line 136 dollars is the main target for shorters. The latter is - for now - a too far away goal...

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.