We would expect the strongest of the FANG names to be leading the markets higher, but it's just not happening here.
The chart of Facebook (FB) is consolidating after a huge run to early February, but it's gone nowhere. We see a rare diamond pattern forming, and at the higher end of the range this tends to resolve upward.
The cloud is pretty strong but stalling and going sideways here on the projected levels (arrow), but the recent consolidation has been on lower turnover. This is positive, we don't want to see higher volume on a pullback/sideways movement.
The Relative Strength Index (RSI) is making higher lows, but again the price action is not trending whatsoever. Only a move above the recent high of $174.61 would get this one moving to the next level.
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