Facebook reaches a strong classic support of $259 which is simultaneously Bolinger Band lower band support. Fundamentally speaking, company has strong and staggering stream of $71 b total revenue, return on equity of 24% and net profit margin of 31%. Quick and current ratios are 6.
It sounds that market support at this point and stock has the potential to reach to the next fibo resistance of $282.
It sounds that market support at this point and stock has the potential to reach to the next fibo resistance of $282.