Probably gonna see FB retest 179 support from like 2 weeks ago within the next week. Potential break out, but MACD is also turning against the bulls and Stoch turned the other day.
HOWEVER. RSI on FB has been in a trend that's broken only once for 3 days. Trend started Aug 5. It's held pretty steady upwards. You'll see almost every touch on that trend line has met an immediate bounce up.
Based on that, I'd expect a move up tomorrow from a speculating pov. I do expect that we retest that 179 and fill some gaps along the way in the next week though.
Tomorrow, neutral (trendline on RSI breaks, bearish); week, bearish.
Purely speculation and my personal opinion with the info I have on hand, do not take this as advice.
HOWEVER. RSI on FB has been in a trend that's broken only once for 3 days. Trend started Aug 5. It's held pretty steady upwards. You'll see almost every touch on that trend line has met an immediate bounce up.
Based on that, I'd expect a move up tomorrow from a speculating pov. I do expect that we retest that 179 and fill some gaps along the way in the next week though.
Tomorrow, neutral (trendline on RSI breaks, bearish); week, bearish.
Purely speculation and my personal opinion with the info I have on hand, do not take this as advice.