Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 30, 2013
FACEBOOK Trend update
Facebook One hour chart shows price giving new lows.
Price moving down in a channel. Price near channel support line which may give an oversold bounce.
Major resistance will be the hourly cloud. Prevailing trend will become weak only on trading above the cloud.
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