Facebook faces strong resistance - Analysis - 09-10-2019

2019-10-09 15:19:00 GMT (Economies.com)
Facebook faces strong resistance - Analysis - 09-10-2019
 

Facebook's stock retested the resistance of 179.21, amid the dominance of the downward short-term wave, with negative pressure from the 50-day SMA and the RSI after reaching overbought levels. 

 

Therefore we expect the stock to decline and target the support of 171.90. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1163
-0.0003
0.0296%
1.2976
0.0024
0.1822%
17.702
0.157
0.897%
53.368
-0.339
0.631%
58.82
-0.59
0.99%
1491.180
1.025
0.069%
 
 
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