November 12, 2013

FACEBOOK Chart analysis

  • Weekly chart shows price trading below 23.6% Fib level. Daily chart too has fallen below the crucial 50 Day SMA.
  • Immediate support seen in weekly chart at 45.26 level. If price starts to trade below 45.26 then a fall to 20 Week SMA is possible. Strength for FB Bulls only if price is able to trade above the level shown in the 3rd chart.
  • SINA Corp Chart analysis

No comments:

Post a Comment