Stelian
Short

Facebook ceasing the rally for now! FB trend breakout

BATS:FB   FACEBOOK INC
289 0 0
$FB has had a strong couple of months with over 50% appreciating in price. Like every rally this one seem to be coming to an end now, as the stock is showing signals of weakness by establishing lower low and failing to beat previous the previous high.
My fundamental view over the company keeps being bullish as I see that the problems with generating profits from the changes in technology are being tamed and in the process of resolution, also for me FB's addictiveness is unmatched by anyone in this industry hence giving the company a very strong USP, however all this is useless in the short term price movement, hence my bearish short run view.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out