Hi, today we are going to talk about Facebook and its current landscape.
At Facebook, we have the breakout of an Uptrend Line followed by a failed attempt of the bulls to make a comeback to the trend. Wich culminated with the formation of a Bearish Signal a candle pattern (Inverted Hammer/ Shooting star). The Bearish target is probably going to be the next two supports near to the Bullish defense zone.
Thank you for reading and leave your comments if you like.