Facebook marks a modest loss - Analysis - 15-11-2019

2019-11-15 01:27:34 GMT (Economies.com)
 

Facebook's stock closed in the last session with a modest loss, settling at 193.15 amid the dominance of the main upward trend with positive support from the 50-day SMA and the RSI, while trying to garner momentum to help it rise anew.

 

Therefore we expect the stock to rise, as long as the support of 188.44 holds on, targeting the first resistance at 198.41. 

 

Expected trend : Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1062
0.0000
0.0023%
1.3146
0.0009
0.0712%
Tadawul
8120.01
21.27
0.26%
16.591
0.019
0.113%
58.985
-0.125
0.211%
64.32
-0.07
0.11%
1460.115
0.270
0.018%
 
 
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