Very nice Facebook short
Not long ago we had E rapport spiking the price of FB to new records, followed by a relative large drop.
I have resistance on the chart R1 at 107,88, this I expect to be crossed in the typical Christmas rally or before.
We then enter the area of the new price record, it has shown resistance at around 109,72 earlier.
Keep a close look at this ressistance, also the volatility index (if in area 80 or above), and lastly the MACD.
Good luck
I have resistance on the chart R1 at 107,88, this I expect to be crossed in the typical Christmas rally or before.
We then enter the area of the new price record, it has shown resistance at around 109,72 earlier.
Keep a close look at this ressistance, also the volatility index (if in area 80 or above), and lastly the MACD.
Good luck
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