2017-11-12

FACEBOOK TECHINCAL ANALYSIS

IN THE NAME OF ALLAH, THE MOST GRACIOUS , THE MOST MERCIFUL
FACEBOOK SHARES FORMED A HEAD AND SHOULDERS BOTTOM IN UP TREND, AS ACONSILDITION PATTERN(THIS TYPE OCCURS17%) WEN PRICES CLOSES A BOVE NICKLINE AT 177.5$ AN UPWORD BREAKS OUT  CONFIRM THE PATTERN AS A  VALAID ONE  , BUT PRICES QUICKLY  THROWS BACK TO 176.7$ , I DO THINK ITS A GOOD LEVEL TO BUY BACK SHARES  TO TARGET 191$ 
U CAN PLACE A STOP ORDER EITHER A PENNY BELOW 174-175 RANGE OR A PENNY BELOW THE LOWEST SHOULDERS AT 165$ 
NOTE: SOME TIMES PRICES CAN‘T CLOSES ABOVE STEEP UP SLPONIG NICKLINE , SO WE USE A HIGHEST HIGH IN THE PATTERN AS A BREAKOUT PRICE , OTHERWISE U CAN GET A BUY SIGNAL SOONER