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UnknownUnicorn1249598

Facebook, ABCD pattern analysis

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Trend Analysis Chart Patterns Beyond Technical Analysis Facebook (FB) facebook Technical Analysis swingtrading trading technical_analysis S&P 500 (SPX500) nasdaq100
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trendanalysis chartpattern beyondta fb facebook technicalanalysis swingtrading trading technical_analysis spx500 nasdaq100
If the price breaks the 175.5 resistance level with good volume the pattern would be confirmed, but pay attention to the trendline , if the stock breaks lower, it wouldn't be a good signal. The minimum target is around around 189.

The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Komen:
The retracement is not finished, the price isn't ready to break the 175.5 level yet. The trendline has been broken and the price is consolidating. There are not strong bearish signals. The target remains the same when the stock will break the resistance.

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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.