Fangs Stock Facebook (FB) Analysis

Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California.

Facebook is the ‘F’ in the FANG stock acronym.

Here are the charts and our commentary for Facebook:

FB - Facebook Weekly Chart
,

FB - Facebook - this bellwether tech stock is leading the market higher.

FB - Facebook - this bellwether tech stock is leading the market higher, with the 50-week moving average has keeping the longterm trend in effect since...
FB - Facebook Weekly Chart
,

FB - Facebook advancing to new all time highs in this bull market.

FB - Facebook - Facebook advancing to new all time highs in this bull market. The 50-week moving average has kept this up trend in effect since 2013...
FB - Facebook Daily Chart
,

FB - Facebook below the 50-day moving average.

Facebook has some neg. div. on some technical indicators, and now below the 50-day moving average. We've heard talk of anti-trust legislation for FB, GOOGL, AMZN...
FB - Facebook Daily Chart
,

FB - Facebook Gravestone Doji

Ends with a Gravestone Doji pattern. The reversal pattern needs to have a close lower for tomorrow's trade, to be official. We noted last week of the...
FB - Facebook Daily Chart
,

Facebook testing record highs.

Despite some negative divergence on some technical indicators, this MAGA bull market is too strong. In the chart we also see Facebook bouncing off...
FB - Facebook Daily Stock Chart
,

FB - Facebook showing some negative divergence on the daily chart.

Some negative divergence creeping in between the RSI and the price. Could be time for a pullback to the 50-day moving average.
FB - Facebook Daily Stock ChartFB - Facebook Daily Stock Chart
,

Facebook bouncing off its 50-day MA.

Facebook finding support on the 50-day moving average today and previous resistance which is now acting as support. Here's the daily...
FB - Facebook Daily Chart
,

FB - Facebook - Resistance taken out and FB on the move

Resistance taken out and FB on the move along with AAPL (Apple) and Netflix (NFLX) in today's trading. We were anticipating more of a rest before...
FB Cup without handle weekly chart pattern

Follow TradingRoom on Instagram @Chartpatterns