Panjang
FB - mini Morning Star (uptrend intact)
After a steep 62% pull back of the AB swing up, Facebook has since started to rebound followed by a relatively shallow 50% pullback of the recent CD swing up. We now have a mini (3 candle) Morning Star pattern that signal the uptrend is likely to continue.
Go long as it breaks above yesterday's candle close @ 263.8 with initial stop @ 254 (a few ticks below the morning star's low) with a potential to rise back to the last high of 303.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Go long as it breaks above yesterday's candle close @ 263.8 with initial stop @ 254 (a few ticks below the morning star's low) with a potential to rise back to the last high of 303.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.