Facebook may retrace to 38.2 on the Monthly

Long term investors seem to have been turned off by facebook as they may have been breaching the FTC privacy deal by sharing data of tens of millions of users with a data analysis firm that later worked for President Trump’s 2016 campaign ; triggering the risk of massive fines.

We're currently testing a neckline of a head and shoulders pattern found on lower time frames (H4)

A break below may drive us to 127.00

Apr 04
Comment: Market finding support on key area.

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