FB results were not impressive and this created a hammer candle stick yesterday. The downtrend resistance is currently $ 341 and is strong, and further we have cloud resistance $ 332 as well.
For now, I feel it is sell even though we have the MACD being positive.
Strategy is SELL between $ 325-330 and place stop-loss $ 350 (leave some room). The profit order I feel somewhere $ 280.
For now, I feel it is sell even though we have the MACD being positive.
Strategy is SELL between $ 325-330 and place stop-loss $ 350 (leave some room). The profit order I feel somewhere $ 280.
Kommentar:
It appears FB price not updated and price is much lower at $ 249 I was told. so let's await the pricing when updated and then will update the analysis... thanks