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| Technical Outlook for Facebook 2-7-2015 |
Facebook is moving in a series of down corrective waves around 23.6% fibo retrenchment and faced a critical support area yesterday
It is expected that Facebook share is heading targeting 84.50 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: 85.95 and 85.47 and 84.52
Resistance levels: 87.38 and 88.33 and 88.81
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