January 3, 2013

FACEBOOK Bull Flag update


  • Daily chart shows price breaking above the bull flag pattern. This pattern should give at least 30 and above for Facebook bulls.
  • Daily chart has upper bollinger band as resistance, Weekly chart shown with recent high's which must be crossed on closing basis to extend gains above 30 levels.
  • Price falling back below 20 SMA will be negative.
  • DOW JONES ANALYSIS AFTER CLOSE
-->


No comments:

Post a Comment