FB 1/25/2022

Russia is picking fights and the economy isn’t looking to great.

Daily Chart Analysis

FB enjoyed an Uptrend respecting the 200ema from April 2020 thru October 2021.
Since breaking the 200ema, Price attempted to bounce and was unable to make higher highs and has now made lower highs.
The EMAs and starting to cross downwards.
Price is currently over-extended
Will be waiting for pullback to enter short trade.