So I think FBs current spike is coming to an end and this is just my idea of what could happen in the future. Keep in mind this is just a chart based off past chart patterns and I’m still learning. If I’m right FB is going to bounce of right above 220 dollars and come back down to about 150 over time. Next it will rebound and keep going from there. Short selling is what I would recommend but if you want to long that would work to for long term investments since FB has a great long term uptrend. If you like the chart then see my other one in the link down below.
Do you still see it going to $220 and when do you see it heading towards $150???
NickTheGreatStockTrader
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@livingproof229, if it does happen it’s going to happen within a year I do think it’s going to drop again but looking back probably not to 150. That was because of the virus and I don’t think we are going to have another pandemic any time soon. Maybe to around 180 and then to 220-230.