kgiap123

Facebook - So far so good with Bullish Reversal.

Largo
NASDAQ:META   Meta Platforms
Bullish reversal looks good.... accumulating.

+ Fundamentally strong with good Earning Report.
+ Formed Higher High and testing 152 resistance.
+ Price bounce and remain above EMA50.
+ EMA20 crosses above EMA50.
+ Another Buy signal appears on ATOM/Bollinger Band. BULL to not giving up testing the resistance.
+ Buying force has improved significantly.

- Price still below EMA200 (Long term still bearish) BUT it's turning where faster EMAs starting to cross above slower EMA.


I'm accumulating FB when price bounces from EMA50.
Plan to accumulate more when price breaks above 152-153 (Support turned Resistance)




Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.