Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Facebook's stock rose in the intraday levels while trading alongside the main upward medium-term trend line, with positive signals from the RSI, countered by negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 179.20 holds on, targeting the first resistance of 191.50.
Expected trend for today: Bullish