On the Weekly Time Frame perspective, on FB, my bias is not clear, but i may consider a Long, based on the current price at the breaker block.
For past few weeks the Facebook INC stock value have been crashing, should we expect a further crash?
I perceive a resistance to be formed at the All time high(216), which may cause a fall in the price FB stock, I won't say a minor decline in price.
I'll rather go into lower time frame to take a trading decision.
For past few weeks the Facebook INC stock value have been crashing, should we expect a further crash?
I perceive a resistance to be formed at the All time high(216), which may cause a fall in the price FB stock, I won't say a minor decline in price.
I'll rather go into lower time frame to take a trading decision.
