Facebook Upside Potential

17 ביוני 2013

FB wasn't able to break through the neckline earlier this year. Since, up/down trends have started at 1 week early on, and have since created trends lasting 3-4 weeks long as of late. May was down overall, reaching what looks like could be the bottom of a recently established trend. Might be little more room for downside, but could the ensuing couple of weeks could provide some upside?