Facebook gathers positive momentum - Analysis - 13-02-2019

Economies.com
2019-02-13 14:08PM UTC

Facebook's stock fell 0.45% in the last session, or 0.75 points, while gathering momentum to help it rise anew, with negative signals from the RSI, countered by the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, especially if the resistance of 171.98 was breached, targeting the next one at 188.30. 

 

Expected trend for today: Likely Bullish 

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