Facebook stock price (NASDAQ: FB) has broken all-time highs as expected and it has a clear bullish bias for 2020 and for the next months.
This stock together with other IT stocks has survived the COVID-19 bearish correction that happened in the second quarter of 2020. New all-time highs were printed and there is a strong imbalance located around $230 per share when long-term longs on Facebook could play out nicely.
Check Facebook stock price forecast below. You will see the monthly timeframe and a strong demand imbalance located approximately around $230 per share.
Watch the video below to learn more about the stock and what we are expecting using my supply and demand stock trading strategy.
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