in the long term severely over sold and bottoming out
I think FB is going to offer call with good results, they have been extremely quite during the sell off.
Instagram is on fire and i think one of the most used social networks atm with ad revenue starting to come in adding ontop of FB ad revenue, we should have stella results
We are in a , touch the bottom of the channel at $149 with showing a
Stop Loss: $133 on long term support
Target 1: $156 30%
Target 2: $171 30%
Target 3: $200 remaining
If overall market sentiment shifts out of the drop then this is a great long term hold, with discount prices at early 2017 level and FB is just starting to rev up its over all ad network , with great per share as it is.