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 29-7-2015

Technical Outlook for Facebook 29-7-2015

Facebook share moved yesterday in the average movement of 231 pips, its highest level at 95.56 and the lowest Level at 93.31 and closed at 95.29 to Gain 146 pips during yesterday’s Trading.

Facebook share opened today at 95.47

Facebook share is trading in up impulse waves inside ascending price channel above trend line

It is expected that Facebook share is heading targeting 97.90 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: 93.88 and 92.47 and 91.63

Resistance levels: 96.13 and 96.97 and 98.38

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Technical Analysis for Facebook 7-7-2015

Technical Analysis for Facebook 7-7-2015

Facebook share moved yesterday in the average movement of 170 pips, its highest level at 88.06 and the lowest Level at 86.38 and closed at 87.47 to Gain 82 pips during yesterday’s Trading.

Facebook is moving in a series of down corrective waves around 23.6% fibo retracement and faced a critical support area last week

It is expected that Facebook share is heading targeting 86.10 as the target on time frame of four hours to make a little of correction and till 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 USA

Support levels: 86.54 and 85.62 and 84.86

Resistance levels: 88.22 and 88.98 and 89.90

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