Facebook needs to clear this level to kick off next major rally, chart suggests $FB (via TradingNation)
Shares of the social network remain largely flat in December even as the broader market has risen nearly 2%. The stock appears to be in a holding pattern after surging 55% on the year.
"It's in a long-term uptrend. It still has positive momentum across time frames and has a potential bullish long-term formation called a cup and handle setting up. That would be completed on a breakout above final resistance which is just above $218," Stockton said Wednesday on CNBC's "A cup and handle technical pattern forms when a stock goes through a slump, then recovers, forming a U-shape and is then followed by a period of consolidation or a "handle.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Kris Boyson calls police to Katie Price's home as her texts sparks safety fearsKris Boyson called the police to Katie Price's home after texts she sent made him fear for her safety - but she had already left for a night out
Consulte Mais informação »
Katie Price posts grim snap of bloodied and broken fingernailThe former glamour model posted the horror snap to her Instagram this evening
Consulte Mais informação »
Peter Andre gushes about amazing year as Katie Price faces a bleak ChristmasThe Mysterious Girl hit-maker has gone from strength to strength in his career this year while ex Katie Price faces a bleak Christmas after losing her lavish home
Consulte Mais informação »
Katie Holmes’s Latest Look Proves She’s the Ultimate New YorkerKatie Holmes is the ultimate New Yorker.
Consulte Mais informação »
Katie Hill Worries Her Scandal Could Keep Young Women Out of Politics'There’s a whole generation of us who have pictures that could be compromising. It’s normal, right? It’s not even ‘Oh, it’s so salacious.’ Everybody does it.'
Consulte Mais informação »
Bankrupt Katie Price was eyeing up Caroline Flack's Love Island job weeks agoBankrupt Katie Price would love to present the show or even go on as a single contestant looking for romance
Consulte Mais informação »