Little detour, but we are now back above the 50, back above the prior
support level of $224. Bullish upgrade for Baird with a $300 price
target. Probably a good buy on this pullback, as short term
resistance is near $245, $18 point jump and if you bought the bottom
38 point swing.. These boycotts aren't anything new and probably
short lived, FB is already...
Strong breakout through the $224 high, Bollinger opened right up, think we are heading towards $248 resistance. Seems like market likes the news of FB shops... FB say it will work with partners like Shopify, but to me seems more like a competitor. Amazon seemed mostly unfazed by covid, so seems like this move will help hedge against the unknown moving forward. ...