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Facebook Inc. (FB/NASD): general analysis 06 December 2019, 11:19

Facebook Inc. (FB/NASD): general analysis 06 December 2019, 11:19 Scenario Timeframe Intraday Recommendation SELL STOP ...

Dec 2, 2019

Microsoft Corp.: wave analysis 02 December 2019, 09:40


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 151.73
Take Profit 156.00, 160.00
Stop Loss 147.75
Key Levels 118.55, 133.16, 145.69, 156.00, 160.00
Alternative scenario
Recommendation SELL STOP
Entry Point 145.60
Take Profit 133.16, 118.55
Stop Loss 149.75
Key Levels 118.55, 133.16, 145.69, 156.00, 160.00
The price may grow.
On the 4-hour chart, the third wave of the higher level (3) develops, within which the wave 5 develops. Now, the fifth wave of the lower level v of 5 is forming, within which the wave (iii) of v has developed. If the assumption is correct, after the end of the local correction (iv) of v the price will grow to the levels of 156.00–160.00. In this scenario, critical stop loss level is 145.69.


Main scenario
Long positions will become relevant after the end of the correction, above the level of 145.69 with the targets at 156.00–160.00. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 145.69 will let the price go down to the levels of 133.16–118.55.

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