 |
| Technical Outlook for Facebook 15-6-2015 |
Facebook moved last Friday in the average movement of 85 pips, its highest level at 81.99 and the lowest Level at 81.16 and closed at 81.48 to Gain 31 pips, according to the economic data from USA during Friday’s trading.
Facebook opened today at 81.16 to make a gap with 100 pips and now is trading around 80.30...
Facebook moves in a series of up impulse waves after breaking the price form.
It is expected that face book share is heading targeting 79.50 as the target on time frame of four hours 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 medium trading because of the lack of the economic data from USA
Support levels: 81.09 and 80.71 and 80.26
Resistance levels: 81.92 and 82.37 and 82.75
for more Technical Outlook fxstations
0 comments:
Post a Comment