jvilanova
Long

Facebook Holding Trend Line

NASDAQ:FB   FACEBOOK INC
Facebook             -0.12% recently tanked on news that the company is remaking their flagship social network to provide a better experience for users. The news came with an outlook for short term reduced user engagement and some negative impact to growth. However, engagement is key for social networks and changes should help boost those numbers in the long term leading to higher ad revenue. FB             -0.12% is currently holding its support line which suggests it could be a good time to make an entry.
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