The FALL of Facebook
Facebook in technical terms is screwed.
All the lawsuits and bad press surrounding Facebook over the past year has forced its price lower, both technical and fundamental analysis look bad for Facebook.
You can see from our chart that price has been respecting a bearish trend line and using it as resistance, this lines up with fundamentals and we can only see things getting worse for this " market giant"
We will be entering this trade once we have confirmation, All entry, TP and SL will be sent out to our clients once trade is valid, If you are interested in joining our team then just message us as we offer a 2 week trial to our VIP group.
All the lawsuits and bad press surrounding Facebook over the past year has forced its price lower, both technical and fundamental analysis look bad for Facebook.
You can see from our chart that price has been respecting a bearish trend line and using it as resistance, this lines up with fundamentals and we can only see things getting worse for this " market giant"
We will be entering this trade once we have confirmation, All entry, TP and SL will be sent out to our clients once trade is valid, If you are interested in joining our team then just message us as we offer a 2 week trial to our VIP group.
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