July 11, 2013

FACEBOOK Resistance levels

  • Facebook Daily chart shows price nearing multiple resistance levels.
  • For the up move to sustain price must close above the falling resistance line from 32.50 levels.
  • Above 100 Day SMA price should move towards the resistance line. Weakness if price is unable to close above 100 Day sma
  • HEWLETT PACKARD CHART ANALYSIS
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