FB Above 161.8% Retracement Line, Looks to Re-Test Old ATH's
The uptrend created on the earnings gap from July of 2013 was tested in November, and then again in April of this year. We have now bounced off the line, and broken back above the 161.8% Retracment of the IPO-to-ATL's move. FB could now look to retest the ATH around $72.50 from March.
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