Facebook Pitchfork

FB beginning to recover from heavily oversold territory according to the long-term trend as captured by this pitchfork. After falling out of the main section of the PR, the price rebounded from around the 1.618 fibonacci extension band. If price does not break the PF again with a new low, expect a return to the median (green band) in the next few months.
facebookFacebook (FB)PitchforksTrend Analysis

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