- FACEBOOK Daily chart is doing a consolidation above the GAP in daily chart. Price holding above 26.68 levels should extend the current up move in facebook.
- Indicators are showing overbought readings in daily chart But price if stays above crucial support levels like 20 SMA and 26.68 levels should stop a bigger correction from happening.
- Falling back into the filled GAP area will be bearish for FB.
- S&P 500 ANALYSIS AFTER CLOSE
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