What will happen to Facebook? Bullish or Bearish?
From the high at 218, Facebook experienced a strong decline to 123 despite the positive earnings registered, approx. 43% value loss. Since then a reaction to the upside is in place moving inside the ideal distribution area and attractor, increasing the probability of a higher degree incomplete bearish sequence. Currently the price is in non-trend zone at daily range, looking for the green attractor. The break of any of key levels, is going to place the price action back on track to the next attractor.
Check the forecast evolution
Back to Blog