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Facebook Inc (FB)”On a long-term technical basis, the stock (FB) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 207.64 and 195.08. If the stock breaks down through support at 207.64 then it will probably continue lower to 195.08. The stock will meet resistance at 224.25 and 257.93. If the stock breaks up through resistance at 224.25 then it will probably continue higher to 257.93. The 200-day moving average is at 191.46. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (71.03).”
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