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Facebook bubble is ready to deflate

Hysterics with Facebook shares was supposed to end sooner or later. It seems that time comes.
Reversal wedge is clearly seen on the weekly chart. Trading volumes defiantly slumped. Oscillators show inevitable divergence. But the strongest bearish engulfing is seen on the top of the wedge.
Break of the pattern at 73 opens the way to the base of the wedge at 56. Should the trend continue, the next target may be 52 and the next – 44.
And Zuckerberg even doesn’t know.
Reversal wedge is clearly seen on the weekly chart. Trading volumes defiantly slumped. Oscillators show inevitable divergence. But the strongest bearish engulfing is seen on the top of the wedge.
Break of the pattern at 73 opens the way to the base of the wedge at 56. Should the trend continue, the next target may be 52 and the next – 44.
And Zuckerberg even doesn’t know.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。