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Stock Market A To Z: 26 Names, Themes And Trends To Watch - page 8

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Sergey Golubev
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Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2020.01.31 08:37

Facebook (FB): possible daily breakdown; 196.12 is the key for the breakdown and for the bearish revesal to be done(based on the article)

Facebook (FB) share price by Metatrader 5

  • "Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock."
  • "While Facebook beat Wall Street expectations on earnings and revenue, the market’s reaction was somewhat unusual: The stock plunged after hours on Wednesday and continued to fall on Thursday, dropping more than 6%."

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The charts were made on daily timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


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