Facebook's stock rose 0.52% in the last session, or 0.76 points, amid the dominance of the upward correctional wave in the short term, while hurt by piercing the main downward trend line recently, with positive support from the 50-day SMA, countered by negative signals from the RSI.
Therefore we expect more gains for the stock, as long as it settles above 147.15, targeting the resistance of 160.00.
Expected trend for today: Bullish