Long
FB enters a monthly bullish trend.Expect an Uptrend continuation
Facebook Inc - Ordinary Shares - Class A (FB, $240.28) is predicted by Tickeron A.I.dvisor to grow by 4% to $249.89 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%.
FB's price moved above its 50-day Moving Average on June 29, 2020
This price move indicates a change in the trend and maybe a buy signal for investors.Tickeron AI shows that in 25 of 33 cases where FB's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 76%.
FB's price moved above its 50-day Moving Average on June 29, 2020
This price move indicates a change in the trend and maybe a buy signal for investors.Tickeron AI shows that in 25 of 33 cases where FB's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 76%.
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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.
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.