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 kept falling in the short term trading, with negative pressure from the 50-day SMA, coupled with the dominance of the main downward trend in the medium and short terms, in addition to negative signals from the RSI, thus recording a new loss of 2.35%, or 3.41 points.
Therefore we expect more losses for the stock, targeting the important support of 139.03, especially if it settled back below 150.51.
Expected trend for today: Bearish