 |
| Technical Outlook for Facebook 27-7-2015 |
Facebook share moved last Friday in the average movement of 182 pips, its highest level at 97.63 and the lowest Level at 95.82 and closed at 96.12 to lose 81 pips during Friday’s Trading.
Facebook share opened today at 96.16 and went down to 94.67 to make a little of correction
Facebook share is trading in up impulse waves inside ascending price channel.
It is expected that Facebook share is heading targeting 97.20 as the target on time frame of four hours and until now we see the Bulls control on market direction.
And the Relative Strength Indicator "RSI" show us the accumulation operations at the market
Today we could see violent swing in equity markets because of the Economic data from the USA
Support levels: 95.41 and 94.71 and 93.60
Resistance levels: 97.22 and 98.33 and 99.03
More Technical Outlook FxStations
0 comments:
Post a Comment