Simple Trading FB As of 11 June 2015 Close

FB W As of 11 June 2015

Current Trend (W): Up

Abv/Below Value Zone: Above

Next Scheduled Report Date: 21 July 2015

52 Week High: $86.07

52 Week Low: $61.79

Current Relevant Resistance: $86.07

Current Relevant Support: $76.79

Recent Close: $81.83

Comment: I’ve written about Facebook a number of times (here and here for example).  The stock looks set to continue on its current path higher with the all time highs firmly in sight.  As long as price can stay above the rising trendline, look for entry opportunities on lower timeframes.

KIS,

The Trader