Facebook Closed Yesterday Up 0.14%

The Hourly View for Facebook

  • At the time of this writing, FB’s price is down $-0.9 (-0.27%) from the hour prior.
  • The hourly chart shows that Facebook has seen 2 straight down hours.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Facebook’s hourly price chart is shown below.

FB

The Daily View for Facebook

  • At the time of this writing, FB’s price is up $0.46 (0.14%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Facebook.

FB

Featured Facebook Idea From TradingView

Below is a trading comment entitled Facebook ATH you may find interesting:

FB Breakout with SLOW Turtle BUY with ATOM Buy and Volume. MCDX Banker dominating the volume with 64% making retailer volume become insignificant. FiFT spike indicating BULL is gaining momentum.Overall FB chart is very nice with major support and resistance at $80 apart.. i.e. 140, 220,300, next is 380.based on Fibo projection analysis, next midterm target is 350 Currently trailing Slow Turtle Support is at around 315.

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