The most important thing on the chart is the steep rejection trend that is also trending upwards. It is leading into another rejection trend, which should see some resistance, but with a potential move along the steep trend into the rejection and finally into a breakout, we could see the price around 118. There is potential to keep climbing from this point, and...
Facebook and their own services experienced a short blackout yesterday. The services should be up again as the price approaches 200 EMA which is at a level of one of the previous SWING LOWS.
This company is probably going to continue falling, but now is the perfect opportunity for a short-term bounce.
