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optionfarmers
2021년 12월 2일 오후 9시 3분

profit taking in facebook $fb ? failed high? neckline?  

Meta Platforms, Inc.NASDAQ

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Facebook price to sales multiple keeps declining as it failed to make new price highs. Is this an indication that there are sellers or profit takings moving out of this steady grower? Are investors not happy with the name change to META and unsure of the metaverse future? the support neckline we are current sitting is where the battle is being fought and voted on by buyers vs sellers. time will tell
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UnknownUnicorn7245819
The stock price is undervalued right now but it is just the sentiment. If you don't mind holding this stock for the long-term, it is a good buy.
optionfarmers
@starsora04, agreed, the company has growth and high profit margins.
UnknownUnicorn7245819
@snlara, And with no debt.
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