SWING ON FACEBOOK
You cant cuck the Zuck usually.
Good news may be coming, and the competition to buy a fading app (TikTok) while FB is investing (without paying ludicrous amount of money) in their own can push the price up this week.
Price is squeezed....but no much volume in the market.. when it will be back we are going to see a nice swing imho.
Watch out for...
Key Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1616.20
FIRST TARGET~1623
INTERIM RESISTANCE~1631.70
FINAL RESISTANCE~1639.70
LOWER BREAKOUT~1604.85
FIRST TARGET~1596.50
INTERIM SUPPORT~1587.80
FINAL SUPPORT~1579
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for RELIANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1580.50
FIRST TARGET~1588.30
INTERIM RESISTANCE~1600.20
FINAL RESISTANCE~1616.50
*******************************
LOWER BREAKOUT~1569.80
FIRST TARGET~1562.50
INTERIM SUPPORT~1555.15
FINAL SUPPORT~1544
My views are for educational purposes only.
Please trade with caution and consult your financial...
Rare setup of Gann box with speed resistance angles, Fibonacci price extension and time-zones based on last up move. These trend-lines are very powerful to scalp.
Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend.
I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently.
The chart respects the strong support pink line and on july 2017 it broke the green...
