December 19, 2016

Facebook Support and Resistance levels

  • Immediate resistance for Facebook is at the falling 50 Day SMA. If price is able to cross this line on closing basis then a test of 123 and the GAP is area is possible. This area may act as stiff resistance zone.
  • Support is near 113 levels.
  • Moving averages is showing a possibility of a Death cross.
  • For bigger moves price must resolve the range between 113 and 123.
  • CRUDE Oil chart update

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