FB Watch RSI First!
Probably gonna see FB retest 179 support from like 2 weeks ago within the next week. Potential break out, but MACD is also turning against the bulls and Stoch turned the other day.
HOWEVER. RSI on FB has been in a trend that's broken only once for 3 days. Trend started Aug 5. It's held pretty steady upwards. You'll see almost every touch on that trend line has met an immediate bounce up.
Based on that, I'd expect a move up tomorrow from a speculating pov. I do expect that we retest that 179 and fill some gaps along the way in the next week though.
Tomorrow, neutral (trendline on RSI breaks, bearish); week, bearish.
Purely speculation and my personal opinion with the info I have on hand, do not take this as advice.
HOWEVER. RSI on FB has been in a trend that's broken only once for 3 days. Trend started Aug 5. It's held pretty steady upwards. You'll see almost every touch on that trend line has met an immediate bounce up.
Based on that, I'd expect a move up tomorrow from a speculating pov. I do expect that we retest that 179 and fill some gaps along the way in the next week though.
Tomorrow, neutral (trendline on RSI breaks, bearish); week, bearish.
Purely speculation and my personal opinion with the info I have on hand, do not take this as advice.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.