Facebook has been consolidating for the past few months, showing lower highs since September 2020.
It is a troubled company last year facing lots of scrutinises from the gov.
However, if we look at the bigger picture, it has bounced a few times on the 200MA (disregard the March 2020 whole market correction).
We might be looking at a great long run if the price finally manage to bounce again at the 200MA and then break the upper resistance.
It is a troubled company last year facing lots of scrutinises from the gov.
However, if we look at the bigger picture, it has bounced a few times on the 200MA (disregard the March 2020 whole market correction).
We might be looking at a great long run if the price finally manage to bounce again at the 200MA and then break the upper resistance.