November 2, 2013

FACEBOOK Weekend update

  • Facebook daily chart shows support at lower Bollinger Band and 50 Day SMA. Daily candle failed to close above 20 SMA and may resume correction again towards 50 SMA
  • Weekly Chart shows price unable to close the week below 23.6% Fib level. Weekly trend will turn weak only on closing below 23.6% Fib level at 47.23.

No comments:

Post a Comment