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Facebook closed the trading day on July 27 at 174.80
The title indicated the annual maximum at 218.62 on July 25 and the minimum at 149.02 on March 26.
The business figure continues to grow but does not meet expectations and expectations for the second half are revised downward
"The growth in revenue will continue to slow down in the second semester 2018 and the year should also close, up 50-60% from 2017. "
A few minutes ago, a major shareholder, James Kacouris, filed an appeal with of the New York court, accusing Facebook of "misleading communications" on the slowdown in turnover and margins
What are the values to watch for?
Medium-Term Trend
1 193.29
2 176.09
What does this mean? [1965900] 2] That a return to the 193.29 area could be possible while maintaining the uptrend. Above an uptrend. Between 1 and 2 laterality. Below 2 bearish trend
As long as the mid-long term trend remains bullish, an additional upward movement will be badumed. Weekly closures very dangerous then monthly below 176.09 with the first objective around 150.00 then 120.00
Operational Strategy
New purchases only above 193.29 in weekly closure, if not wait for discounts until 39. at 150.00 / 120.00. Withdrawals to 176.09 should be monitored to increase short positions.
We will proceed step by step.
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