NYSE:FB #Facebook on close watch for long confirmation #trading

Confirmation of a sustained uptrend is getting close.

Firstly, the MACD divergence was a key indicator that momentum was changing. Now above the zero line, early traders might have used that to get in at a lower point.

Those like me that are a bit more cautious might be better off waiting for the two key resistance levels to be broken. Currently testing the 151.94 level, with the 2/1 Gann Fan level not far behind it.
Chart PatternsGannTechnical Indicators

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