Friday, February 1, 2019

#Facebook Review $FB

Facebook Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Facebook's trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.



Subscriber Comments:

Facebook (FB) is a widely tracked FAANG stock that many describe as the market leader. It's likely that a lot of investors/traders would like to read about how FB is ready to fly again. Flying requires alignment, and FB is nowhere near it. Alignment doesn't care about TA patterns. Double bottoms, head and shoulders, ascending triangles, and so on. It only cares about price and volume agreement across multiple time frames. Flying requires TRIPLE UPSIDE ALIGNMENT. FB is up, consol, down = consolidation.

Chart


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