FB Weekly Targets
Just taking a look at Weekly Facebook targets. At the moment, we are currently Grinding in a upwards fashion off the lows in a ascending parallel channel .
--Red Box represents near term target goals. Could go higher could go lower but right now are assumptions are that we are still consolidating and adjusting from the heavy sell off and therefore still range bound.
-We just Broke past the .5 fib retrace and horizontal resistance. Look for daily close above this level. This is represented by the pink horizontal line.
-Top of the Parallel channel 191.
-Red box lower limit 191----upper limit 193.5
-Fib retrace from sell off leaves .618 at 191.21
-Ema 377 On 4 hr is at 193.45
-Jewel is curling up but not in buy zone but is respecting the yellow jewel line holding the trend.
-Not fully relevant but 4hr stochs are crossing up but are high up. Really only implies that we are possibly ranging upward during the colsolidation.
Lets see what happens guys!!!
--Red Box represents near term target goals. Could go higher could go lower but right now are assumptions are that we are still consolidating and adjusting from the heavy sell off and therefore still range bound.
-We just Broke past the .5 fib retrace and horizontal resistance. Look for daily close above this level. This is represented by the pink horizontal line.
-Top of the Parallel channel 191.
-Red box lower limit 191----upper limit 193.5
-Fib retrace from sell off leaves .618 at 191.21
-Ema 377 On 4 hr is at 193.45
-Jewel is curling up but not in buy zone but is respecting the yellow jewel line holding the trend.
-Not fully relevant but 4hr stochs are crossing up but are high up. Really only implies that we are possibly ranging upward during the colsolidation.
Lets see what happens guys!!!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.