Closed up at its resistance Here and also right under fibonacci level .5.. you would think to take a call if it breaks above 342 right?
I wait till it can reclaim its 100sma at around 346.
FB has been getting rejected and trading under its 100sma since September 🐻
50sma crossed under the 200sma for a death cross (Careful). 🐻🐻
RSI and MFI are both showing bullish divergence. 🐂
Volume has been increasing daily 🐂
So what's the plan? Long over 100sma target ATH
Short if rejected at 341 . Target would be 331 support. It'll be tough to drop below 331 with the 50sma , 200sma, and 21ema all in that area (Powerline)
I wait till it can reclaim its 100sma at around 346.
FB has been getting rejected and trading under its 100sma since September 🐻
50sma crossed under the 200sma for a death cross (Careful). 🐻🐻
RSI and MFI are both showing bullish divergence. 🐂
Volume has been increasing daily 🐂
So what's the plan? Long over 100sma target ATH
Short if rejected at 341 . Target would be 331 support. It'll be tough to drop below 331 with the 50sma , 200sma, and 21ema all in that area (Powerline)
