November 19, 2012

FACEBOOK Chart analysis

 
  • Facebook chart approaching Range Top at 24.54 and the Unfilled GAP between 24.54 and 26.73.
  • Daily chart shows good momentum as Daily closed above 100 Day moving average on Friday.
  • Now the GAP and Range top should act as stiff resistance. A bigger up move may happen if price closes above the range and In to the GAP.
  • S&P 500 ANALYSIS AFTER CLOSE
  • QQQ WEEKEND UPDATE
  • APPLE WEEKEND UPDATE



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