2 million shares exchanged hands after hours in the green side !! This is huge, usually the after hours numbers are between 300 to 500 thousand shares exchange hands. Excepting a huge Monday open. Be ready for $160 by month end.
Why breaking thru $155 is big, and why it will happen this time... The $155 resistance level is a price where there has been an excess of supply of shares; in other words, it's a spot where sellers have previously been more eager to step in and take gains than buyers have been to buy. That's what makes a breakout above $155 so significant -- the move means that buyers are finally strong enough to absorb all of the excess supply above that price level.
Slow and steady wins the race.
I bought FB the day it IPOd. It quickly dropped into the teens. I figured it was just another of my mistakes but I held on and bought more. Just lucky! I can't believe my average basis is $30. Not bad for a poor kid from Des Moines.
$160 next week guys. Hop on the train!
155 mark might get tested again today. Hopefully the stock will overcome the resistance this time, giving us a new 155 support.
The stock price at the close of Dec 31,2017 will be? I will go with $200. You make the call.
Whatsapp close to payments deal in India finally some monetization hopefully just the beginning.
All Facebook does is ban me now. Who the hell would actually invest money in this company? You'd have to be an idiot. I don't know of anyone who uses this site actively anymore. The company is run by crazy SJW liberals.
Looks like its a bit difficult to break down the $155 threshold. But eventually we will do...
This is a resilient stock and it is a profiting company. $200 by end of december easily with many rich investors' support. Buy before next quarter's earnings. The strongest and undervalued Fang stock.
Why 152 after hours?
Good Article - Facebook’s fair value is around $170 a share. FB stock is trading near all-time highs but still below its fair value, according to finbox.io. see - Facebook Inc (FB) Stock Has Its Brightest Long-Term Outlook in Years - don't know why they don't post link
What happened to Bee? Seems like he/she tucked tail and ran. Don't let the door hit you in the #$%$.
All hail Zuck!
165 by the end of year,
You don't know it but you probably spend over 2 hours on fb every day. That number is just ever increasing with more hours on fb x more fb users.
Facebook $155 Is the Next Buy Zone, This Chart Shows
Facebook is already the best-performing 'FAANG' stock in 2017. This chart shows it's about to trigger a brand-new buy signal.
Just reminding trolls are mostly come into the queue once the stock is down. Some of them are "Bee", "I", "Ice" and "Dexter". I really really respect people who think Facebook will not be successful. This is eventually their ideas. But once it comes to trolling its totally different. I do not respect those trolls. If you see someone says like "this stock never see 150 again bla bla" or "this stock will end up 3 bucks bla bla" do not even bother yourself to explain the situation to them. Basically either ignore those idiots or troll them back :).