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Facebook, Inc. (FB) Message Board

  • thetechtraderca thetechtraderca Dec 13, 2013 9:13 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on FB at TheTechTrader site noting: Facebook, Inc. (FB) had a nice day on Thursday, up 2.45, or 5%, on 92.5 million shares. The lateral-price resistance that broke out on Tuesday, pulled back on Wednesday on an inside day, and on Thursday, FB gapped up and ran, closing not far off the upper end of the range. Breaking through key price and moving-average resistance a couple sessions ago, and testing the 52 area, with a high on Thursday of 52.07. There may be some resistance at that level, and a move through that could get it to retest the 54.80 area. Beyond that, look for a target of 60-61.

94.26-0.62(-0.66%)Oct 12 4:00 PMEDT