Facebook stages tactical decline - Analysis - 13-03-2018

2018-03-13 13:11:03 GMT (Economies.com)
Facebook stages tactical decline - Analysis - 13-03-2018
 

Facebook's stock (FB) fell in the intraday levels, registering a loss of 0.25% in the last session, or 0.47 points, amid the dominance of the upward trend in the medium and short terms, with positive pressure from the 50-day SMA, as the stock tries to gather momentum to help it rise anew. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 195.32, as long as it trades alongside the upward trend line. 

 
 
 
  Symbol Last Change Chg.%
1.1748
0.0117
1.0051%
1.3079
0.0010
0.0727%
14.296
0.229
1.624%
70.832
1.845
2.674%
78.76
0.06
0.08%
1199.070
5.295
0.444%
 
 
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