Meta PlatformsShort
Facebook In Decline: Correction Likely To Continue, Update
Five days ago I published a negative outlook for Facebook---This is an update.
The selling continues and the decline will likely pick-up downside momentum. Facebook-is weaker than five days ago.
A complete technical analysis is available on this publication.
Another thing to consider:
Facebook- is a very liquid stock and money managers/ traders may be FORCE TO SELL-FACEBOOK because of margin calls in other issues.
This dash for cash may very well have a negative effect on winning stocks-Facebook included.
I hope this has been helpful and informative. May all of you trades go well. Don
The selling continues and the decline will likely pick-up downside momentum. Facebook-is weaker than five days ago.
A complete technical analysis is available on this publication.
Another thing to consider:
Facebook- is a very liquid stock and money managers/ traders may be FORCE TO SELL-FACEBOOK because of margin calls in other issues.
This dash for cash may very well have a negative effect on winning stocks-Facebook included.
I hope this has been helpful and informative. May all of you trades go well. Don
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.
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.