bkim91791

$FB The last of the FAANGs to explode!

Long
NASDAQ:META   Meta Platforms
We have a golden confluence of technical analysis that supports an imminent bounce in FB for next week. Currently FB price action is right on it's long term support. Price is orderly going downwards in a perfect descending channel. Price is being supported by fresh demand zone. Also by looking at the price action from last week we can extrapolate that FB is the only one of the FAANGs that haven't popped from downtrend. FB also has ER coming up on the 25th. I expect FB to follow the trend as a laggard and hopefully can get a ER run up.

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