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| Technical Outlook for Facebook 21-7-2015 |
Facebook share moved yesterday in the average movement of 321 pips, its highest level at 98.52 and the lowest Level at 95.32 and closed at 97.83 to Gain 205 pips during yesterday’s Trading after yallen's speech about increasing the interest rate this year.
Facebook share opened today at 99.09 to record a new highIt is expected that facebook share is heading targeting 100 as the target on time frame of four hours to make a little of correction and until now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us starting of accumulation operations at the market
Today we could see violent swing in equity markets because of the economic data from the USA
Support levels: 95.92 and 94.02 and 92.72
Resistance levels: 99.12 and 100.42 and 102.32
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