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| Technical Outlook for Facebook 10-8-2015 |
Facebook share moved last Friday in the average movement of 173 pips, its highest level at 95.40 and the lowest Level at 93.61 and closed at 94.30 to lose 108 pips during Friday’s Trading.
Facebook share opened today at 95.68 to
Facebook share is trading in up impulse waves above the ascending trend line
It is expected that Facebook share is heading targeting 96.00 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
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