FB
FB - Meta Platforms - Stage AnalysisStage 4 breakdown, early base formation stage1 may be in progress.
Only for educational purposes, not a recommendation.
Looks like a bottom for $FB and other major stocks. Weekly bullish divergence at March 2020 levels and a rally just before FOMC tells me that the FED will be soft today and we have our local bottom here.
Similiar drops in history of FB.Meta has seen 40% drops two times in its history, and then it reverses. It is on a good support and might be ready to reverse.
Facebook respected its SupportMeta (Facebook) has respected its support of $300 and this can be a good buying zone for targets of previous all time high in the year to come.
$FB Daily ChartIf you would like a short explanation of applied geo mathematics go and watch "The Code" by Carl Munck.
313 by 3/31
OR
pi @ sol
FACEBOOK Crazy Idea 280SWING 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 Market Crash
Stop loss 1% under current price or when break the below structure.
PRICE TARGET 1 274
TARGET 2 280 if SP500 continues the bull run!
facebook I am bullish on the counter till its holding 115, sl fir me is 115 while upside i see upto 160 zones
FB - Beyond GannRare 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.