Timeframes - Weekly + 4HR
If a continued FB rally will happen it will be after the break of 254-256. There was some good news coming from the FB side, not just from ER but as well as the "Tik-Tok" news. So maybe if they release their very own "Tik-Tok" investors will buy the early rumors/news. We are due for correction from a TA POV, but if the market movers continue up FB will most likely continue following and helping carry the market further. Watch the Q's for extra confirmation when trading FB.
If a continued FB rally will happen it will be after the break of 254-256. There was some good news coming from the FB side, not just from ER but as well as the "Tik-Tok" news. So maybe if they release their very own "Tik-Tok" investors will buy the early rumors/news. We are due for correction from a TA POV, but if the market movers continue up FB will most likely continue following and helping carry the market further. Watch the Q's for extra confirmation when trading FB.