FB potential pullback to 150's area
H guys,
With this current selling pressure, we have strong supporting trend at 173- 175$ are which have formed since 2016. I believe we will see a sharp upward reversal in that area. However, with the earnings coming up in April 27th and seeing how Netflix performed during the earnings, there is a big chance that FB could follow a suit and sharp drop to 155-145$ range.
With this current selling pressure, we have strong supporting trend at 173- 175$ are which have formed since 2016. I believe we will see a sharp upward reversal in that area. However, with the earnings coming up in April 27th and seeing how Netflix performed during the earnings, there is a big chance that FB could follow a suit and sharp drop to 155-145$ range.
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