Quite a big confluence level here on twitter. We have the yearly pivot, 61.8 fib as well as the 200 day ma bands which are all intersecting at these levels. Monitor closely for a bounce to transpire from this oversold chart. Market doesn't seem to have been to happy with the announcement of previous CEO Dorsy stepping down
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"If you do what you love, you'll never work a day in your life" - Marc Anthony
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.