FB looks to make a dead cat bounce, so be weary
In the past, many believed FB was going to the $400 and looking back at some charts - FB was not going to. FB was moving down the trend line and broke through two support levels. It fell back to the gap. From here the top trend line. drawn on the three minute chart, looks to hold. There is a new support level. Next week we should know whether it is going entering bear country or one move trend up to $400
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.