Facebook (NASDAQ:FB) UP 1.55% AT 301.13
Facebook (NASDAQ:FB) says it has disrupted a long-running cyberespionage campaign run by Palestinian intelligence which features spies posing as journalists and the deployment of a booby-trapped app for submitting human rights stories.
In a report published Wednesday, Facebook accused what it said was the cyber wing of the Palestinian Preventive Security Service (PSS), which is loyal to President Mahmoud Abbas, of running rudimentary hacking operations that targeted Palestinian reporters, activists, and dissidents, as well as other groups in Syria and elsewhere in the Middle East.
PSS spokesman Ikrimah Thabet rejected Facebook’s accusations and said: “We respect the media, we work within the law that governs our work, and we work according to law and order. We respect freedoms, privacy and confidentiality of information.”
On technical fronts Facebook (NASDAQ:FB) RSI stood at 54.36 and currently stock is trading Above 20 and 50 Days MA and Below 5 Days Moving Averages. So, BUY position can be taken with following target and stoploss.
TRADE SIGNAL -: Facebook (NASDAQ:FB) – BUY: 301.13, TARGET: 305.31, STOP LOSS: 297.36