Facebook's stock (FB) tumbled 3.67% in the last session, trespassing the support of the 50-day SMA, with negative signals from the RSI, settling at 324.17, while trading alongside the main upward medium-term trend line.
Therefore we expect more losses for the stock, targeting the support of 308.00, provided the resistance of 350.80 holds on.
Expected trend for today: Bearish