Facebook Bear Flag Signals Coming Dro...

Facebook Bear Flag Signals Coming Drop: Enjoy

Posted in the Personal Finance Forum

“Avoid The Wall Street Hype!”

Since: May 09


#1 Mar 19, 2014
Facebook Inc (NASDAQ:FB) has a classic bear flag that is forming under the 20 moving average on the daily chart. This is one of the better patterns you will see and ultimately tells of much further downside on the stock. Even today, the stock is underperforming a market that is flat. Facebook is trading at $68.21,-0.98 (-1.42%). Key supports will be $58.85 and $53.45.

Gareth Soloway

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