ShortSeller76

FB long for a bounce here!

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NASDAQ:META   Meta Platforms
I believe support is at/ around $219 range, the selloff from $323 to $220 is overdone, second lowest RSI in FB history since IPO, negative stochastics/ macD. Company has a 16 PE and over $60 billion in CASH on hand. Good luck! I would expect a bounce to $240-260 if not higher longer term to fill the gaps.
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