Facebook Trading Analysis (10/09/2024)
The trend is up. The stock is trading in the range between 365 and 135 ЕМА. The downward truncated wave structure finished at the breach of the pivot 2 of the wave C. The Stochastic Oscillator signals an oversold condition.
Trading idea:
- Buy at the breach of 511.39.
- Stop-loss at 498.00.
- Price targets at 526.80 and 539.40.
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