Hey folks, welcome back to another one of my posts!
FB has fallen below the 2 YR MA multiplier again which signals that it is undervalued. In previous times when the price has fallen below the 2 YR MA Multiplier, the stock rebounded soon after. We are in a zone of support right now which means that it could be a good reason to enter a long position.
FB has fallen below the 2 YR MA multiplier again which signals that it is undervalued. In previous times when the price has fallen below the 2 YR MA Multiplier, the stock rebounded soon after. We are in a zone of support right now which means that it could be a good reason to enter a long position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.