I have isolated a major buy level on Facebook at $107.85. This comes from the long-term trend line stretching back years. To find this line simply connect the lows from Facebook's IPO days in 2007 to the low from 2015. This will create a major bounce in the stock, likely 10% in weeks. Considering the current price is $115.00, there is still quite a bit of downside until it hits the support level. Aggressive traders can remain short Facebook stock until the buy target is hit.
Get my live trades with exact entry prices, stops and targets. Every trade I take which members of Verified Investing can opt-into is verified with real-time data (view my trades and Verified performance here). Verified Investing is a third party verification website that provides users with 100% transparent and trustworthy information. Joining is 100% free, members simply reward me with a few Dollars ONLY IF I give them big winning trade information. Follow my live trades. Check out my track record and see how much money you would have made.