Friday, July 31, 2015

Buy Facebook FB at Support Levels

Is this the spot to buy Facebook (FB) shares?
Let’s update our daily chart levels, note a key confluence, and plan trades from the current swing.

Facebook (FB) shares are trending higher as evidenced by price (higher highs and higher lows) and a rising moving average slope.
Following the trend, we tend to look for retracements (like flags) or breakouts to buy shares into a rising trend.  (more)

No comments:

Post a Comment