Facebook nice entry ahead?
Hello,
Facebook has developed a support line since Covid breakout March 2020.
In Covid wave two March 2021 Facebook touched 200 EMA and reacted.
These days Facebook again sees a little crisis because of this whistle blower thing and bad reputation.
It fell a little bit below 200 EMA but it is now recovering.
If Facebook is able to stay above the yellow support line and 20 EMA crosses 50 EMA this is a very rare opportunity to get into the asset cheap with perfect bullish trigger.
Also the metaverse announcement could be a very bullish catalyst.
TP: ~$405 or +17%
Stop loss: ~$328 or -5%
Risk/Reward Ratio: ~1:3.5
This is not financial advice.
Facebook has developed a support line since Covid breakout March 2020.
In Covid wave two March 2021 Facebook touched 200 EMA and reacted.
These days Facebook again sees a little crisis because of this whistle blower thing and bad reputation.
It fell a little bit below 200 EMA but it is now recovering.
If Facebook is able to stay above the yellow support line and 20 EMA crosses 50 EMA this is a very rare opportunity to get into the asset cheap with perfect bullish trigger.
Also the metaverse announcement could be a very bullish catalyst.
TP: ~$405 or +17%
Stop loss: ~$328 or -5%
Risk/Reward Ratio: ~1:3.5
This is not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.