Facebook Technical analysis

FB

I can not help my self but keep on looking at facebook. I have been using different types of technical analysis to confirm my theory. Here I am using the 200MA and 9EMA and 21 EMA.I like using my 8EMA as a way to tell me which direction the stock is going. Usually when my 8EMA is broken the trend will either test the 50MA for support/ buyers zone. If it usually breaks the 50 start reversing the trade to go bearish. 200MA is buying opportunity for longs.


Thank you,
Julian