aslamhammad
Short

FACEBOOK Stock Quarter View

NASDAQ:FB   FACEBOOK INC
Well i think by August we should make a swing from 85$ share price down to 73$ breakout point......So, by September or October, if Fed hike interest rate from 0.25% to 0.50%, than it will affect the U.S stock Indices....So, that will have a good affect on U.S currency but opposite effect on Stock Indices like Dow Jones + Nasdaq + S&P 500             . As facebook             is a component in the Nasdaq Index, so i assume we might see a correction in Facebook             stock price back to point X 60$ :)
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