FB 20 EMA support

14 thg 4, 2021

FB in a micro cycle climb. Anything below the 20 EMA is no longer a backtest the elliot wave is invalidated, but 300.50-297 is a pretty strong buy zone for a potential wave 5 with an upside target of 330. I am not sure it will ever get that low, but I stick to my buy zones , so if we hit 300.50 I will add calls with a stop loss at the 20 EMA