My prediction about Facebook's stock

in #facebook6 years ago

If Facebook had not already bottomed, It will not go down more than the necessary amount to stop out the next biggest entry and then trend higher.
If I knew what the leverage is, I would have posted the number.
More likely, it will not stop the next biggest entry, and will establish a new up-trend from here.
Facebook is powered by two different factors:
Inflation - stock market bullyish
Population growth that helps fuel its userbase.
Buyback may also join if Facebook's management is smart.
If it will not happen soon it will mean to me either that its management is financially dumb,or that they know about more bad news down the road.

Sort:  

You got a 100.00% upvote from @sunrawhale courtesy of @fersher!

This service has been created with the help of @yabapmatt so please show your support by voting for him for witness!

You got a 23.71% upvote from @bid4joy courtesy of @fersher!

This post has received a 50.00% upvote from @aksdwi thanks to: @fersher.

You got a 56.14% upvote from @luckyvotes courtesy of @fersher!

You got a 60.00% upvote from @sleeplesswhale courtesy of @fersher!

Thank you so much for using our service! You were protected from up to 20% losses!

Earn passive income in SBD/STEEM by delegating to us! 100sp, 500SP, 1000SP, ANY SP

You just received 42.30% upvote from @onlyprofitbot courtesy of @fersher!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.032
BTC 57741.16
ETH 2947.53
USDT 1.00
SBD 3.69