FB DAILY UPDATE 2ND JULY 2020

FB Previous Day Commentary – Facebook is a funny one currently, we're off the opinion here at SG that this stock is potentially running out of gas. At a macro level, the company has issues around their advertisers which will impact their revenue, as well as continual privacy concerns which appear to dog the platform non-stop. … Continue reading FB DAILY UPDATE 2ND JULY 2020

FB Daily Update 2nd July 2020

FB Previous Day Commentary - Solid open drive on Facebook yesterday, creating a P-shaped profile on the daily TPO chart. This indicates some short-covering above the $230 as well some significant buying - many people see this stock as cheap at this price given the recent price fluctuations. If price can stay above $236, we … Continue reading FB Daily Update 2nd July 2020