Short Facebook, head and shoulders pattern on monthly chart

24 במאי 2015

Head and shoulders pattern on monthly chart. Look at Chaikin Money Flow dropping on monthly chart. Fb will make new yearly lows in June. A weekly Doji candlestick also. Last 2 weekly Doji candlestick at a top of a move on April 20 and January 5 caused drops of $7.48 and $5.71 from the high of the Doji week to the low the next week. I expect that Fb will see a low of $75.10 this week and close at $78. Good Luck.