years on the market

Trading ideas for FACEBOOK, Inc. (NASDAQ) 31.01.2020

The formed gap tested the historical level of 207.30. The overall trend remains upward. The stock is trading in the range of the lower border of the ascending price channel. The resistance level of 211.50 holds back buyers.

Trading recommendations:

Buy above 211.50.

Stop loss under the price pivot zone 207.30.

Target levels: 215.85; 222.30.

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