$FB = Long Term Forecast = 26.08.2021 #faang #investing

$FB is likely in the heart of wave 3 of III. Next target – $460, possibly in May 2022.

The chart above was designed using the candles, EW and TA.

It is highly probable that FB is in the middle of wave 3 of III, the heart of its multi-year rally. While it could experience minor setbacks, the projection points to the $460-520 area, the lower boundary of which can be reached in the period of May 2022 – November 2023. This would depend on the channel, green or red, that the stock will take and that is unknown at this point.

GL

Any further updates to the FB forecast will be only available to the subscribers. Follow the blog on Twitter and/or subscribe to our service and receive all updates in your inbox.

%d bloggers like this: