Sunday, September 15, 2019

Facebook Resurrection: Why FB Stock Is Poised for a 25% Rally

Here is the article.

By CCN Markets: Facebook (FB) stock suffered a devastating 2018 amidst controversies that led to a mass investor exodus. In one particularly painful trading session, Facebook rewrote the history books with a $126 billion plunge.
The social media giant weathered the storm, and FB shares are up almost 38 percent this year amid a broad stock market recovery. And as major stock indices succumb to trade war panic, Facebook is poised to offer investors massive upside.
FB stock’s technical picture suggests that the company could be on the verge of rallying more than 25 percent, a move that would enable it to set a new all-time high.

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