Home About the company Daily reviews Facebook Trading Analysis (04/09/2024)

Facebook Trading Analysis (04/09/2024)

04.09.2024

The trend is up. The stock is trading in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the level 515.70 (pivot 2 of the wave C).
Stop-loss at 508.30.
Price targets at 526.80 and 539.40.

#facebook #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC

Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

You already subscribed

Subscribe to market analysis

Thank you for subscribing to our analytics

You already subscribed

Review topic

All Fundamental reviews Market news Premarkets Technical reviews