Facebook's stock rose 0.35% in the last session, or 0.51 points, amid the dominance of the downward correctional trend in the short term, touching the resistance of the 50-day SMA, while the RSI reached overbought levels compared to the stock's movements.
Therefore we expect the stock to return lower, targeting the important support of 126.85, as long as the resistance of 149.02 holds on.
Expected trend for today: Likely Bearish