• Facebook started impulse wave (5)
• Likely to reach 240.00
Facebook continues to rise inside the strong medium-term impulse wave (5) which started earlier from the support area lying between the lower daily Bollinger band and the 38.2% Fibonacci retracement of the previous extended impulse wave form April.
The upward reversal from the aforementioned support area created the daily candlesticks reversal pattern Piercing Line. Facebook is likely to rise further toward the next resistance level 240.00 (which stopped the previous sharp waves (3) and B).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies