How tired is $FB? #markets #trendfollowing #stocks #trading
July 23, 2015
Facebook ($FB) daily
- The uptrend is intact.
- Red arrows point to earlier price top signals on the haDelta chart.
- The blue arrow shows a bounce – a strong bullish indications when it appears in an uptrend.
- The protective stop removes doubts.
Facebook ($FB) weekly
- haDelta is too noisy. In these cases, consider its average (red line).
- Nice uptrend with trailing-stop protection.
Facebook ($FB) monthly
- The blue arrows are indications of stronger uptrends.
- Momentum is ready to hit a ceiling (red dashed line).
- The protective stop is there and working.
- Bullish, ready to hit $100.