$FB is in free fall. The quarterly/monthly/weekly/daily candle formations are bearish, strongly bearish. The first wave down does not look like completed yet. Some very preliminary estimates suggest that FB to fall to $250-300 in the following weeks/months. However, a deeper dive would not be a surprise either.
If FB closes the year below $295, well, I don’t even want to think about this possibility.
I truly hope that candles are mistaken.
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