The social media giant was one of the few to avoid a new yearly low last week. It posted an impressive oversold bounce on Thursday and Friday as it came back to $200. For today, see if $195 holds for momentum. The next big resistance area is around its 50SMA around $206. Keep it on your radar for overall sentiment in tech.
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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.