December 18, 2012

FACEBOOK Chart analysis

 
  • Facebook has given a Doji daily candle at 20 Day SMA. Price managed to close above this crucial moving average after violating the trading range.
  • Daily chart shows a MACD sell signal which will be effective only if price manage to stay below 20 Day SMA.
  • Last chart shows price testing crucial fib level in daily time frame.
  • APPLE BULLISH ENGULFING
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