Momentum Reversal? Facebook’s Heads Up for the First Time in 3 Days

2 mins read

The Daily View for Facebook Currently, FB’s price is up $0.94 (0.34%) from the day prior. The daily chart shows that Facebook has seen 3 straight up days. From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes. Most noteworthy in the world of moving averages on the daily chart is that the 20 and 200 day moving averages have been crossed, with price now being below them. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are…

This content is for Unlimited access to all the news and research we offer members only.
Login Join Now