FB almost completed down trend cycle soon TARGET 170

30 paź 2018

As we can see FB shares dropped from 220 starting Aug. Now its around 142 . Perfect entry for LONG will be between 130-135 and targets are Fibo resistances as showing . The main goal is 170 with profit nearly 25-30 % BUT must respect the support at 130 until the mid of DEC then we expected LONG till the end of 1st Q in 2019. the main conditioning for this scenario is to hold above 130 for 2 weeks at least .. any break for 130 will change the idea. we can see my prefect trap which optimum entry for long positions.