trendyprofits
Long

$FBs Next Move?

NASDAQ:FB   FACEBOOK INC
What will $FB do next? Each time $FB has entered a downtrending channel, it usually bounces off support at 46-49 days and falls 10-12% before the rebound. After today we are at 60 days and around 10% down from the high. I see two scenarios, it either drops to support at or around $97.50 (around earnings time) before bouncing, or possibly fall to the $90 range before a rebound. Either way, I think it will be range bound from 98-105 before we see a major move

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out