American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Facebook exhausts positive chances - Analysis - 23-02-2021

Economies.com
2021-02-23 12:06PM UTC

Facebook's stock (FB) fell 0.47% in the last session, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, leaning on the main upward medium-term trend line.

 

Therefore we expect the stock to return higher, targeting the first resistance at 276.90, provided the support of 254.35 holds on. 

 

Expected trend for today: Bullish 

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