- 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
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 19, 2016
Facebook Support and Resistance levels
CRUDE Oil chart analysis
- Crude oil month chart shows price moving above crucial resistance level between 51 and 52. Crude bulls of higher time frame needs a Month close above this zone.
- Weakness levels are shown in daily time frame.
- Weakness below 51.62 levels
- Selling level if price falls below 49.61
- SILVER Month Chart
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