American Stocks Analysis

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 readies to tackle stubborn resistance - Analysis - 29-01-2020

Economies.com
2020-01-29 11:41AM UTC

Facebook's stock returned higher amid the dominance of the main upward trend with a 1.36% profit, amid positive signals from the RSI and with positive support from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 222.63. 

 

Expected trend for today: Bullish 

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