GAROSRADIO

FB Estimated range for the next 12 months. Upside?

GAROSRADIO Updated   
NASDAQ:META   Meta Platforms
My first idea published on here, simply a range of FB price action in the past and an estimated view for the future 12 months. 50% correction to Pandemic's low is extremely unlikely unless destroyed by congress in matter yet unknown or something of the matter. $200 to $280 range should be a bottom in worst case scenario. $300 has seen much price action in the last 'almost' two years. Should serve as a common support and resistance as it has in the past.

FB BEAR CASE:
Worst case flat in 12 months.

UPSIDE:

unlimited with Zuck's sleeves full of real of fake aces

Valuation Resistance: 1.2-1.25 T
Comment:
Edit 1: Wanted to add that the possibility for significant cash burn in the name of meta proprietary technologyhardandsoftware etc maybe leaving facebook as a fairly valued company if the pressure from congress and other world governments continues.

Bullish case FB ad business grows at a consistent clip year after year leaving FB as one of the greatest quality tech stocks in this frothy market.
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