Major Short Level On Facebook (FB) Tagged

Friday, May 11 2018 by
1

Shares of Facebook (FB) have surged from below $150 to over $185.00 in less-than six weeks. This 23% move in the stock is in response to the negatives of Cambridge Analytica being put behind them and a reflex technical bounce. However, the technical bounce has gotten far ahead of itself with greed. In addition, a major gap has just been felled at $185.05. This will trigger a pull back in the stock to a target of $168 in the near-term. As a swing trader, I look for opportunities like these. This is a high reward, low risk opportunity short trade.

 

Record Breaking Profits: Look At The Verified Performance Here.

 

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Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company's products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends. Messenger allows communicating with people and businesses alike across a range of platforms and devices. WhatsApp Messenger is a messaging application that is used by people around the world and is available on a range of mobile platforms. Its Oculus virtual reality technology and content platform offers products that allow people to enter an interactive environment to play games, consume content and connect with others. more »

NSQ Price
$156.86
Change
-1.6%
Mkt Cap (£m)
349,120
P/E (fwd)
19.9
Yield (fwd)
n/a



  Is NSQ:FB fundamentally strong or weak? Find out More »


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