Facebook, Inc. (FB) Message Board
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It is clear fb is heading down
Even w a good news it is going down interesting
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The retail investor is last to know, move up brefore the news broke. Look for pullback here before moving up after cliff ressolution.
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very interesting move by FB with good news..
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I am pretty new to this . . . what makes it so clear that it is going down? Just the fact that there was some good news and it is not going up?
- 3 Replies to tdf02
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send me an email I will try to guide you. don't invest when you don't understand basic stuff. You will only lose.
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tdf02, click on chart and on the left column click on basic technical anaylsis, you will see bunch of stuff on top of the chart and click on RSI and Bolinger Band, RSI will have separate chart under the the chart and Bolinger Band will draw line on top of the stock price chart. RSI (Relative Strength Index) measures if the stock is oversold or overbought, it has range of 0 to 100, anything less than 30 is considered oversold, anything over 70 considered overbought. Boilinger Band consists of two lines, top line to bottom line measures 90% of the price of the past, thus, if price hit the top line or even breaches that line, it is considered the price is overpriced, if it hits or breaches the bottom line it is considered underpriced. There are many indicators and other stuff you should know and different chart patterns, and try to understand the balence sheet etc...
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well even eith the good news it's not moving up, and few indicators that shows it is over bought, get to know RSI and Bolinger Band.. you will see.
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