AdrianRaymondFX

Downside risk on Facebook, medium-term top possible below $90

NASDAQ:FB   FACEBOOK INC
107 1 1
***No trading strategy is proposed here, I just wish to share a chart that I caught my eye today.

I don't follow individual stocks much on a daily basis, but I couldn't help noticing this multi-year resistance on FB             . Technicals suggest that prices might establish a medium-term top below $90 (they may rise back up to test the resistance mind you).
This is interesting.
snapshot
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