The Traderszone Network

Published in TZ Latest News 28 August, 2014 by The TZ Newswire Staff

Facebook Trading Tightly As New Entry Develops

Shares of Facebook (FB) have been steady for several weeks, forming a new potential entry. The stock closed the past few weeks with narrow changes in weekly prices. It’s resulted in a follow-on pattern with a buy point at 75.60. The stock poked above that level Tuesday but fell back into the pattern. By early August, the tight trading in Facebook was enough to form a three-weeks-tight pattern.

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