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Facebook Trading Analysis (10/09/2024)

10.09.2024

Market Review

The trend is up. The stock is trading in the range between 365 and 135 ЕМА. The downward truncated wave structure finished at the breach of the pivot 2 of the wave C. The Stochastic Oscillator signals an oversold condition.

Trading idea:

Buy at the breach of 511.39.
Stop-loss at 498.00.
Price targets at 526.80 and 539.40.

#facebook #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC

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