Facebook Inc (FB) Makes Big Move Relative to Two Week Trend, Down 1.54%; Breaks Below 100 Day Average

2 mins read

The Hourly View for FB Last Updated January 5, 2021, 12:42 GMT At the time of this writing, FB’s price is down $-3.14 (-1.15%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as FB has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential…

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