Amazingpowerpatternguy

FB- Lets Keep It Simple, Support And Resistance Are Defined

NASDAQ:FB   FACEBOOK INC
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fb
11-7 Lets keep it simple support and resistance zones are clearly defined.
Red is resistance, green is support, major and minors shown.
Key in on the small red line here.
If it can't break over that for shorting
that's a good thing, its also the
50 SMA zone. Now look at the pink line.
Until this issue can break to the downside
there is nothing to talk about, that is the
short sell trigger. Its really all
about everything within the small
red and pink lines for shorting. Right now
its in build out mode. Upon a short sell
entry, a break over the small red line can
be used as a stop.
These are not recommendations,
For informational and educational purposes only.
Trade at your own risk.
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