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| Technical Outlook for Facebook 14-7-2015 |
Facebook share moved yesterday in the average movement of 172 pips, its highest level at 90.13 and the lowest Level at 88.42 and closed at 90.10 to Gain 164 pips during yesterday’s Trading.
Facebook is moving in a series of up impulse waves to record a new high at 90.13
It is expected that Facebook share is heading targeting 91.60 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: 88.97 and 87.84 and 87.26
Resistance levels: 90.68 and 91.26 and 92.39
For More Technical Outlook FxStations
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