2waytrading

100/50 Crossover is a positive sign but PVO is worrisome

NASDAQ:FB   FACEBOOK INC
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Don't like when volume decreases and price increases n in most cases it doesn't end well. Still Fast%K is above 70 another positive sing and below 90 which doesn't show any overbought conviction. Price is only 7.5% below 52wkh and may soon hit the rising support line from August low which may give bulls another chance to prove it can hold RSL. Trade less and save more!
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