September 17, 2013

FACEBOOK Trend update

  • Facebook one hour has broken the up trend line and horizontal support at 43.07
  • Hour chart also shows price falling towards 38.2% fib level and previous resistance zone which may act as support. Daily chart shows next support at 20 Day SMA. These support levels must hold to avoid a bigger fall in Facebook.
  • APPLE Weekly bearish engulfing

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