Facebook sharpens decline - Analysis - 12-10-2021

Facebook's stock (FB) fell 1.39% in the last session, settling at 325.45, amid the dominance of the downward correctional short-term wave, with negative pressure from the 50-day SMA, combined with negative signals from the RSI.

Therefore we expect more losses for the stock, targeting the first support at 315.55, targeting the first support at 315.55.

Expected trend for today: Bearish