brianmontgomery

Looking for FB pull back for entry

NASDAQ:META   Meta Platforms
1
FB has been on an 11 point bullish run and gapped up in a bullish retest gap at open today. With all time high looming 7.30 points above our current position, I would like to see a pullback before entry. If, over the next few days to a week, FB pulls back, I will be looking for bullish reversals around the EMA50 or the SMA100 levels. Overall though, I am bullish on FB in light of the previous trend following earnings accompanied by a rise in RSI.
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