May 1, 2015

Facebook near 200 Day SMA

  • Weekly chart shows price unable to sustain above the weekly range. As price falls back into the range it is nearing crucial technical levels like 200 SMA and 50 Week SMA.
  • Bigger weakness for the stock if week closes below 50 Week SMA. Up trend will remain safe if this level is not breached.
  • APPLE Bearish engulfing: CLICK Here

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