Largo
$FB Watching for a breakout and continued uptrend

First, I zoomed out to the weekly and daily charts to establish a long term trend and identify current support (red area) and resistance (top of green area) levels. The purple line represents the shorter-term trend and support level.
Based on the market movements on Friday which took just about everything down with it, and the fact that there has been no severe news over the weekend, I'm predicting either a gap up on Monday morning at open, or a slight dip before heading back upwards mid-day. In the ladder situation, I'll be looking to make an entry on the dip.
Based on the market movements on Friday which took just about everything down with it, and the fact that there has been no severe news over the weekend, I'm predicting either a gap up on Monday morning at open, or a slight dip before heading back upwards mid-day. In the ladder situation, I'll be looking to make an entry on the dip.
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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.
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.