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Facebook Inc-A Shares Up 26.9% Since SmarTrend's Buy Recommendation (FB)

By David Diaz

SmarTrend identified an Uptrend for Facebook Inc-A (NASDAQ:FB) on January 8th, 2019 at $141.34. In approximately 3 months, Facebook Inc-A has returned 26.89% as of today's recent price of $179.35.

Over the past year, Facebook Inc-A has traded in a range of $123.02 to $218.62 and is now at $179.35, 46% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.6%.

Facebook, Inc. operates a social networking website. The Company website allows people to communicate with their family, friends, and coworkers. Facebook develops technologies that facilitate the sharing of information, photographs, website links, and videos. Facebook users have the ability to share and restrict information based on their own specific criteria.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Facebook Inc-A shares.

Log in and add Facebook Inc-A (FB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights facebook inc-a

Ticker(s): FB