Trading ideas for FACEBOOK Inc. (NASDAQ) 11.11.2019

The lower boundary of the upward price channel held back sellers. The correction pattern broke through an inclined channel. The ascending pattern (123) has formed. Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy while the 123 pattern is forming above 192.28.

Stop Loss – 189.40.

Target levels - 197.25; 205.00.