FB long for a bounce here!

٨ فبراير ٢٠٢٢

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.