10SMA - Entry point
50SMA - Check trend (If price under 50SMA(Bearish trend) , if above 50SMA(Bullish trend and we looking for buy)
TRADER DINAMIC INDEX (Green/Red) - Check entry/exit point as well
In a chart price is above 50SMA, so we looking for buy signals
TRADER DINAMIC INDEX red line cross green line from...
No real change in the Facebook monthly charts, as prices continue to consolidate the sharp fall from the October highs.
One interesting development, however, is the deterioration in price action relative to the S&P500 Index. If this deterioration continues, asset managers will likely be forced to reduce Facebook exposure, and move into more compelling names.