FB has found support, initially at the horizontal level, then the 200EMA, and finally it's back above the 50EMA. This is a sign of a bullish security.A swing trade can be taken here, targeting the recent high. A stop level set below the recent low that's below the 200EMA.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.