Technical Outlook for Facebook 4-8-2015

Technical Outlook for Facebook

Facebook share moved yesterday in the average movement of 220 pips, its highest level at 94.98 and the lowest Level at 92.79 and closed at 93.61 to Gain 35 pips during yesterday’s Trading.

Facebook share opened today at 93.82

Facebook share is trading in up impulse waves above the trend line

It is expected that facebook share is heading targeting 91.50 as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us the distribution operations at the market

Today we could see violent swing in equity markets because of the economic data from the USA

Support levels: 92.60 and 91.60 and 90.41

Resistance levels: 94.79 and 95.98 and 96.98

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Technical Outlook For Facebook 3-8-2015

Technical Outlook for Facebook 3-8-2015

Facebook share moved last Friday in the average movement of 230 pips, its highest level at 96.26 and the lowest Level at 93.98 and closed at 94.34 to Lose 52 pips during Friday’s Trading.

Facebook share opened today at 93.29

Facebook share is trading in up impulse waves above trend line

We saw the share achieved our target at 94.70

It is expected that facebook share is heading targeting 95.10 as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us the distribution operations at the market

Today we could see violent swing in equity markets because of the economic data from the USA

Support levels: 93.46 and 92.58 and 91.18

Resistance levels: 95.74 and 97.14 and 98.02

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Technical Outlook for Facebook 21-7-2015

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 high

It 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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