FB Consolidation near term
Stock tends to consolidate for weeks and months after a huge move. I think that will apply to FB in the near future.
After a strong move up from 255 to 330 (30%) back in March-April 2021, it recently has retraced back to around 300.
I think we will see a lot of bouncing around between the major levels of 300, 315 and 330 before the next run up, potentially later this year.
After a strong move up from 255 to 330 (30%) back in March-April 2021, it recently has retraced back to around 300.
I think we will see a lot of bouncing around between the major levels of 300, 315 and 330 before the next run up, potentially later this year.
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