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| Technical Outlook for Facebook 5-8-2015 |
Facebook share moved yesterday in the average movement of 136 pips, its highest level at 94.64 and the lowest Level at 93.28 and closed at 94.28 to Gain 46 pips during yesterday’s Trading.
Facebook share opened today at 95.21
Facebook share is trading in up impulse waves inside a price form called triangle
It is expected that Facebook share is heading targeting 93.50 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: 93.49 and 92.70 and 92.13
Resistance levels: 94.85 and 95.42 and 96.21
More Technical Outlook FxStations
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