Facebook - Price Reversal Likely
Facebook hit a new all-time high today.
Two days ago, very strong volumes pushed the price just over the long term resistance.
However, the high RSI and stochastics combined with a lack of volume (yesterday and today) suggest we are due for a correction.
Two days ago, very strong volumes pushed the price just over the long term resistance.
However, the high RSI and stochastics combined with a lack of volume (yesterday and today) suggest we are due for a correction.
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