Facebook Chief Executive Mark Zuckerberg said Tuesday the company will build features for content creators to earn money from recommending products on the app and getting a cut of product sales.
While speaking with Instagram CEO Adam Mosseri on an Instagram Live stream, Zuckerberg also said the social network will build a marketplace to match up creators with different brands to produce branded content.
On the technical front, Facebook , RSI stood at 56.415, the current price is trading Above the Moving Averages 5 & 50 . So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL- Facebook – BUY: 303.50, TARGET:-333.50, STOP LOSS:-293 .50.