Home About the company Daily reviews Trading ideas for FACEBOOK Inc. (NASDAQ) 06.03.2020

Trading ideas for FACEBOOK Inc. (NASDAQ) 06.03.2020

06.03.2020

Market Review

A descending truncated pattern has formed. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator shows an exit from the oversold zone. Breaking through the inclined channel of the descending truncated pattern will result the resumption of the overall upward trend.

Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop loss: 183.80.

Target levels: 197.00; 209.30; 218.10.

Author: admin
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