IboProtrader

$FB 15% undervalued

Long
NASDAQ:META   Meta Platforms
Even though the tech stocks had a big run and now most of us believe there is a bubble forming if not formed yet, I believe that facebook $FB is still undervalued by about 15% at these prices. The price rebounded from the 200SMA on the daily chart, which triggers a buy signal at least for a short term.

Clause de non-responsabilité

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