What do you guys think? Is it over for Facebook?
I think we’re about to find out.
Here’s how’s I see it:
Broken uptrends in Facebook and breaking down relative to Internet stocks. Now, if you want to talk about Facebook relative to tech, it’s another disaster. That’s not a chart I want to buy. Do you?
Here’s Facebook on its own. I don’t care how you draw the trendlines, they’re all broken:
What should we expect here? A miraculous comeback from an arbitrary level as it makes new lows relative to Technology, new lows relative to the Internet Sector and breaking every possible uptrend line?
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