Meta PlatformsLong
Backtesting Facebook
Four different trades I've noticed based on price action from significant technical areas.
Fundamentally speaking: Everyone's still had home on their phones using Facebook for their purposes to not be bored since the majority of individuals are being quarantined. As well this company has remained bullish under the current crisis and remained unaffected despite a drop in price. When checking CocaCola's aftermath of the drop is currently consolidating which is a sign that the big drink company is managing to stay stable when enduring the crisis
Fundamentally speaking: Everyone's still had home on their phones using Facebook for their purposes to not be bored since the majority of individuals are being quarantined. As well this company has remained bullish under the current crisis and remained unaffected despite a drop in price. When checking CocaCola's aftermath of the drop is currently consolidating which is a sign that the big drink company is managing to stay stable when enduring the crisis
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