4 top stock trades for Friday: FB, SOFI, WBA, BYND

If it can take out yesterday's high, that will put Meta back above the 21-day, 50-day and 200-day moving averages. If it can't regain these levels, the stock remains vulnerable. 

On the downside, however, a break of $322 could open the door to more selling pressure.

In fact, SoFi looked just below the prior $13.56 level, as well as the $13.14 level — the latter being last year's low. In any regard, the stock is bouncing nicely from these marks and is doing so with some bullish divergence on the RSI.

On the upside, though, bulls need to see SoFi reclaim the 10-day and 21-day moving averages to have a sustained bounce. If it can do that and clear $15, then the $16.50 level is in play, followed by the December high up at $17.91 and/or the 200-day and 50-day moving averages.

Bouncing now, let's see if the stock can continue to hold the 10-day. If it can, shares may push back up toward the pre-earnings levels just shy of $55.

Above this week's high and the $56 to $57 area is on deck.

Once the company reported earnings though, the stock began trading even worse, breaking below channel support and watching that trend become resistance.

Even on Wednesday, the stock rallied as much as 9.3% on positive news, but finished lower by 3%. That's an 11.5% fade from the session high! It put BYND stock at a new 52-week low, too.

In any regard, the stock jumped almost 15% on a mixed day in the markets and reclaiming prior channel support in the process, along with the 10-day and 21-day moving averages. If it can continue higher, let's see if we can get a test of the declining 50-day moving average. Above that and prior channel resistance is in play.

On the downside, though, I don't want to see Beyond Meat stock lose the $62 level. If it does, the low near $58 is back on the table.