eugene71

FB levels to watch

Long
NASDAQ:META   Meta Platforms
Strong breakout through the $224 high, Bollinger opened right up, think we are heading towards $248 resistance. Seems like market likes the news of FB shops... FB say it will work with partners like Shopify, but to me seems more like a competitor. Amazon seemed mostly unfazed by covid, so seems like this move will help hedge against the unknown moving forward. Lots of positive feedback from analysts, interesting to see where this goes.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.