>>> Join us to access robo analyses for over 16,000+ stocks! <<<
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. However, the stock has recently broken through an important trendline at 204.42 suggesting the next support level is at 193.10. This weakness suggests the long-term trend is turning neutral.
The stock has support at 193.10 and 182.24. If the stock breaks down through support at 193.10 then it will probably continue lower to 182.24. The stock will meet resistance at 198.09 and 208.69. If the stock breaks up through resistance at 198.09 then it will probably continue higher to 208.69. The 200-day moving average is at 182.24. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (65.06).”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<