Facebook faces strong resistance - Analysis - 09-10-2019
Economies.com
2019-10-09 15:19PM UTC
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
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