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aicody
Sep 18, 2018 8:40 PM

FB most likely to set a new 52 weeks low below $149 Short

Meta Platforms, Inc.NASDAQ

Description

While Facebook is a favorite company, it is most likely to see a new 52 weeks low due to its dramatic visitor declines, according to AMZN's Alexa. While FB will certainly bounce back for long term low-risk low-return investment and it is hold rated by us, it is prone to see $150 range and therefore $140 range is more probable. This is mostly fostered due to high growth emerging market companies in the IPO lines.

You can see visitor and more importantly search decreases via these links:
Facebook.com
https://www.alexa.com/siteinfo/facebook.com#trafficstats
Instagram.com
https://www.alexa.com/siteinfo/instagram.com#trafficstats
Whatsapp.com
https://www.alexa.com/siteinfo/whatsapp.com#trafficstats



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