EvanMedeiros

from fast to faster

Long
BATS:META   Meta Platforms
2
$FB from fast to faster. As i posted yesterday on this name, expect an accelerated trend to form out of the previous channel or a breakdown and gap test. Now that we have our result its safe to say this is a very bullish reaction. But as far as a trade idea, if you weren't a lucky long into ER I would need to see some sideways consolidation or even a pullback to find a level to manage risk against. The 50 or 61.8 retracement would be perfectly healthy and should offer some support.

Evan Medeiros
Founder, Trade Risk
---
Website: www.thetraderisk.com
Twitter: www.twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: www.thetraderisk.com/trading-newsletter
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.