Technical Analysis – Facebook stock recedes from all-time high of 375



Facebook stock has retreated below the 369.00 support after aggressive traction off the 100-period simple moving average (SMA) catapulted the price to a fresh all-time high of 375.00. The advancing SMAs are shielding the short-term bullish structure, endorsing the upside.

However, the Ichimoku lines are indicating that positive drive is temporarily stalled, while the short-term oscillators are suggesting that sellers may be starting to gain a slight advantage.  The MACD’s incline is slowing far above its red trigger line in the positive region, while the RSI is diving in bullish territory. The stochastic lines are exhibiting a bearish tone above the 80 level looking set to slip back into the bullish zone, which would further confirm sellers grasp over the stock is strengthening.

If selling interest intensifies, an initial support barrier could arise from 359.00 until 355.00. Should the price continue to deteriorate, another upside defence could transpire from the 50-period SMA at 348.95 until the 345.00 mark, which also includes the Ichimoku cloud’s upper band. From here, if the price falls below the cloud, the 334.26-338.20 support section could try to dismiss the decline from snowballing. That said, a break of this key trough of 334.26 could then challenge a minor base around 327.32.

Alternatively, if buyers re-emerge, initial upside friction may occur around the 369.00 handle prior to a push towards the all-time high of 375.00. In order to boost upside confidence, buyers would need to push past the all-time high and the 375.78 adjacent barrier, which happens to be the 176.4% Fibonacci extension of the down leg from 357.86 until 334.26. This could generate price propulsion to navigate for the 261.8% Fibo extension of 396 and the 400 round number.

Summarizing, Facebook is sustaining its bullish bearing above the SMAs and the 334.26 trough. The next round of volatility could evolve after its earnings today, which will be released after the market closes.

最新新聞

Technical Analysis – JP 225 index pins new multi-year high; bearish divergence detected





Technical Analysis – US 100 index slides, but uptrend still in play

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示: 您的資金存在風險。杠杆商品可能不適合所有客戶。 請詳細閱讀我們的風險聲明