Nice symmetrical triangle formed for FB here; consistently found support on the bottom upward trend line, likewise for the downward upper line (lower highs and higher lows);
26th Aug it hit its high of 304.67, 67 bps from the bottom trend line (the pink line), can see it jump around the same 67bps from where its at now
Fb's position has continuously not been affected by lawsuits or whatever, lets face it, they're a powerhouse with multiple consistent revenue streams and only look to keep going
ps still very amateur at charts, would appreciate feedback and thoughts
26th Aug it hit its high of 304.67, 67 bps from the bottom trend line (the pink line), can see it jump around the same 67bps from where its at now
Fb's position has continuously not been affected by lawsuits or whatever, lets face it, they're a powerhouse with multiple consistent revenue streams and only look to keep going
ps still very amateur at charts, would appreciate feedback and thoughts