Meta (FB, Facebook) was a rare gainer in Nasdaq today. It closed 1.5% higher with a 3.4% gain intraday.
FB recovered the orange up-channel bottom earlier and now met resistance at the light blue downtrend line. MA20, MA50, and MA200 are now sticking together at about $331. As long as $331 holds, the rebound continues. Otherwise, the downtrend has a higher chance to resume.
