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franjpagan
Oct 28, 2022 7:15 AM

Bearish trend but small rebound 

Facebook / USDFTX

Description

I used a couple different indicators. RSI, Vol, EMA, Mac D. All these indicators point me the same direction. While it's definitely oversold according to the RSI, it only confirms a small rebound. But the EMA and mac D both paint a bearish picture in the future. This stock will either continue to plunge, or will end up consolidating at a lower price range and continue a downtrend.
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