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 30-7-2015

Technical Outlook for Facebook 30-7-2015

Facebook share moved yesterday in the average movement of 171 pips, its highest level at 96.41 and the lowest Level at 94.69 and closed at 96.14 to Gain 67 pips during yesterday’s Trading.

Facebook share opened today at 94.61 and went down to 92.54

Facebook share is trading in up impulse waves above trend line

It is expected that Facebook share is heading targeting 94.70 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: 95.08 and 94.02 and 93.36

Resistance levels: 96.80 and 97.46 and 98.52

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Technical Outlook for Facebook 6-7-2015

Technical Outlook for Facebook 6-7-2015

Facebook share moved Last Thursday in the average movement of 106 pips, its highest level at 87.36 and the lowest Level at 86.30 and closed at 87.30 to Gain 10 pips during Thursday’s Trading, and Friday was Bank Holiday.

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: 86.61 and 85.92 and 85.55

Resistance levels: 87.67 and 88.04 and 88.73

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Technical Outlook for Facebook 1-7-2015

Technical Outlook for Facebook 1-7-2015

Facebook moved yesterday in the average movement of 108 pips, its highest level at 86.51 and the lowest Level at 85.53 and closed at 85.74 to lose 67 pip during Friday’s Trading.

Facebook is moving in a series of up impulse waves after breaking the triangle which leads it up to new highs

Facebook share achieved our target at 86.20

It is expected that facebook share is heading targeting 84.30 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 sharp trading because of the economic data from USA

Support levels: 85.34 and 84.94 and 84.36

Resistance levels: 86.32 and 86.90 and 87.30

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Technical Outlook for Facebook 29-6-2015

Technical Outlook for Facebook 29-6-2015

Facebook moved last Friday in the average movement of 152 pips, its highest level at 88.25 and the lowest Level at 86.77 and closed at 88.12 close to the opining price during Friday’s Trading.

Facebook is moving in a series of up impulse waves after breaking the triangle which leads it up to new highs

Facebook share traded last week close to our target at 90.00

It is expected that Facebook share is heading targeting 86.20 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 medium trading because of the lack of the economic data from USA

Support levels: 87.17 and 86.23 and 85.69

Resistance levels: 88.65 and 89.19 and 90.13

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