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 and other IT stocks have survived the COVID-19 bearish correction 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.

Facebook stock forecast 2020

Check the Facebook stock price forecast below. You will see the monthly timeframe and a strong demand imbalance located at approximately around $230 per share.

Facebook stock price 2020
Facebook stock forecast 2020

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