CryptoColm
Short

Death Cross Imenent

NASDAQ:FB   FACEBOOK INC
Facebook has been hit pretty hard due to the data leak FUD. Users are questioning weather Facebook deserves their service after their data was leaked. Facebook has not seen this much volume since 2014, and I believe a one to two month correction is imminent. in the past, Facebook has been known to wedge in price after a correction and bounce back to all time highs. A wedge forming at its current price lever would be an ideal bullish scenario. The Facebook FUD seeming temporary also adds to this prediction. If there is no wedge , I believe a death cross is imminent. If we get the death cross, I believe a correction is imminent and Facebook will be down in price for one to two months.